Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with related organizations and industry groups on April 3 and discussed measures to improve tech financing to help small- and medium-sized tech companies to boost productivity. To ensure that technology firms' access to financing is more readily available, technology assessment criteria in the banking sector will be revamped to bolster banks' lending to tech companies even when there is not sufficient level of collateral or prior sales data. Other measures include strengthening the autonomy of tech credit bureaus (TCBs), requiring TCBs to conduct on-site surveys and write detailed assessment rating reports, providing incentives to boost the quality of tech assessment, and bolstering rules on tech financing to prevent illegitimate activities. In his speech, Vice Chairman Kim said that the authorities will seek to upgrade tech financing in a qualitative way to help resolve financing difficulties of tech companies.