Vice Chairman Kwon Dae-young of the Financial Services Commission held a meeting with a group of young entrepreneurs, small business industry group, and related financial companies on July 24 and held talks on ways to actively make use of AI and big data technologies in providing more tailored financial assistance for small merchants and self-employed business owners. At the meting, officials discussed plans to introduce "My Business Data" service, which will offer a comprehensive, one-stop credit and business management platform for small businesses. To provide more advantages for small businesses, the Korea Credit Information Services introduced plans to develop a "small business & self-ownership database (SDB)" and establish a "small business & self-ownership credit bureau (SCB)" to provide more tailored support for credit assessment. Speaking about the vast opportunities presented by AI and big data technologies, Vice Chairman Kwon said that the FSC will continue to seek ways to resolve problems on the ground and open up opportunities for small merchants while ensuring the safety and stability in data usage.