{"slug": "jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance", "title": "JB Financial partners with Upstage to develop AI solutions for finance", "summary": "JB Financial Group signed a memorandum of understanding with AI company Upstage on Monday to develop AI agents for banking and financial services using Upstage's proprietary large language model technology, the group said Thursday. JB Financial Chairman Kim Ki-hong and Upstage CEO Kim Sung-hoon signed the agreement, which will involve subsidiaries Jeonbuk Bank, Kwangju Bank and JB Woori Capital in a group-wide AI collaboration network. JB Financial had identified AI transformation as a key priority at its executive strategy meeting in August.", "body_md": "JB Financial Group has teamed up with Upstage, a leading artificial intelligence (AI) company, to develop AI-based tools for practical use across the financial sector as part of its broader effort to accelerate company-wide AI transformation, the group said Thursday. JB Financial Chairman Kim Ki-hong and Upstage CEO Kim Sung-hoon signed a memorandum of understanding on Monday, laying the groundwork for cooperation in financial AI technology and new business opportunities. JB Financial identified AI transformation as one of its key priorities at its executive strategy meeting in August. The partnership will bring together the financial group and its major subsidiaries, including Jeonbuk Bank, Kwangju Bank and JB Woori Capital, to create a group-wide AI collaboration network. Using Upstage’s proprietary large language model (LLM) technology, the companies will work on developing AI agents customized for banking and other financial services. The two sides also agreed to pursue a range of joint projects, including developing and testing new AI applications for finance, exchanging employees", "url": "https://wpnews.pro/news/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance", "canonical_source": "https://www.koreatimes.co.kr/business/banking-finance/20260917/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance?utm_source=rss", "published_at": "2026-09-17 07:17:04+00:00", "updated_at": "2026-09-17 07:22:50.406092+00:00", "lang": "en", "topics": ["ai-agents", "large-language-models", "ai-products", "artificial-intelligence"], "entities": ["JB Financial Group", "Upstage", "Kim Ki-hong", "Kim Sung-hoon", "Jeonbuk Bank", "Kwangju Bank", "JB Woori Capital"], "alternates": {"html": "https://wpnews.pro/news/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance", "markdown": "https://wpnews.pro/news/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance.md", "text": "https://wpnews.pro/news/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance.txt", "jsonld": "https://wpnews.pro/news/jb-financial-partners-with-upstage-to-develop-ai-solutions-for-finance.jsonld"}}