Presentations in this session:

• Presentation by Jaewook Han, Director, DP (Digital Platform) Business Division, NICE Information Service

1. The Inception of MyData in Korea
   • Background, Legal Framework, and Stakeholders: Includes the regulatory background, legislative framework, and major industry participants - from financial institutions, fintech firms to telecom providers, retailers, and credit information service companies.
   • Brief Outline: Government-driven legislative initiative and a license-based business framework.
2. Distinctive Features and Achievements
   • Distinctive Features: A system built upon the principle of the right to data portability, designed to strike a balance between business innovation and the protection of personal data.
   • Key achievements and performance statistics
3. Future Outlook and Strategic Direction
   • Financial MyData 2.0: Focused on enhancing user convenience, strengthening data security, reinforcing data subject rights, and improving overall usability.
   • Expansion Across All Sectors: Broadening the MyData framework to sectors such as retail, healthcare, and telecommunications.
4. Introduction to 'NICE Information Service's MyData Initiative
   • As a credit information service company, 'NICE Information Service' pursues a vision of integrating credit information with MyData.
   • Provides MyData-as-a-Service (MaaS) solutions for non-licensed business entities.

• Presentation by Beijing Credit Society / HYJZ Ltd: Why China Needs MyData and Its Potential Applications in Emerging countries

Author: Xinhai Liu (Vice president of. Beijing Credit Society)  Guangyong An (Chief Data Official of Haiyangjinzhi Data Co. Lid [Beijing])
China, home to the world’s largest digital economy, faces both challenges and opportunities in developing person-centric data ecosystems. Credit reporting, one of the earliest MyData industries, illustrates the problem clearly: traditional models—built on rigid data sources, outdated assessments, and low transparency—are in decline. At the same time, stricter privacy regulations are reshaping how personal financial data can be used. These dynamics highlight the urgent need for new approaches that balance data utility with individual rights.

Our presentation will explore why MyData is essential for China and its potential applications. We will show how AI-enabled services can act as personal credit assistants, empowering individuals to access and control their data, improve financial inclusion, and strengthen trust.

In addition, we will:

* Compare MyData with other personal data economy models, including Open Banking, India’s Account Aggregator framework, data brokers, big data exchanges, and consumer reporting companies, highlighting differences in inclusiveness, transparency, and sustainability.
* Share our experience of studying and promoting MyData since 2019, during which Chinese regulators and industry institutions have gradually begun to recognize its value.
* Discuss how MyData can contribute to tackling China’s pressing youth unemployment challenge by fostering new data-driven services, entrepreneurship, and cross-sector innovation.

For the MyData audience, this session provides both strategic insight and practical examples. Participants will gain a clear understanding of why China urgently needs MyData, how key applications—especially in consumer credit—can drive innovation, and why China’s experience offers lessons highly relevant for other emerging markets.