Urgent.News

What's breaking now, across thousands of outlets.

Business

Meritz taps Korea's overseas investing boom with new AI platform

Meritz Securities launched MOUM on Tuesday, a new investment platform that combines artificial intelligence (AI)-powered analysis with real-time insights from global investor communities to help retail investors make faster, more informed investment decisions. "As investing has become more fragmented, markets have grown more interconnected and investors face a much wider flow of information," Lee…

Meritz taps Korea's overseas investing boom with new AI platform

Meritz Securities introduced MOUM, a novel investment platform, on Tuesday. This platform merges AI-driven analysis with real-time data from worldwide investor networks, enabling retail investors to make quicker, more informed investment choices. Lee Jang-wook, the executive director of Meritz Securities' InnoBiz Center, emphasized during the launch event at the Fairmont Ambassador Seoul that as the investment landscape becomes increasingly fragmented and interconnected, investors now face a vast influx of information.

He stated that MOUM, which combines artificial intelligence, data, and community engagement, will revolutionize the investment experience. The platform amalgamates its own stock discussion boards with communities on the U.S. social investing platform Stocktwits and the global fintech firm Webull. Posts from overseas communities, including English-language content, are automatically translated into Korean.

This integration enables Korean investors to monitor a wider array of overseas investor perspectives and market reactions in real-time, assisting them in swiftly identifying global investment trends and novel investment prospects. AI further enhances the platform's capabilities.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

More in Business

SuperGold card holders missing out on discounts

A SuperGold Card discount is offered by hundreds of businesses, but a lack of promotion means many superannuitants are unaware of the details.

  • Superannuitants in New Zealand miss out on SuperGold Card discounts.
  • Hundreds of businesses offered the 5% discount on the first Tuesday.
  • Retailers and superannuitants urged to improve promotion of the discount.

More from Tuesday 1 September →