Pelican Expands in South Korea

Pelican, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, has expanded its global sales reach through a partnership with CMSoft Co in South Korea. The new strategic partnership will enable the company to bring its PelicanSecure Trade Compliance solution to the financial services industry in South Korea. “We see a growing need from banks for technology that can automate and streamline their trade processing and compliance functions,” says CMSoft CEO Jong Hoon Lee.