ATM Giant Hyosung Americas Announces Fintech Innovation Veteran as CEO

Irving-based Hyosung America named Kunoh Kim CEO, bringing "new energy" to the company's banking technology business.

Fintech veteran Kunoh Kim has been named the new CEO at Irving-based Hyosung Americas, a global innovator in ATM hardware, software, and services focused in the financial and retail markets.

Kim takes the reins from Sang Hwan Kweon, who was promoted from chief operating officer to CEO in September 2022 upon the retirement of former CEO Hee-Eun Ahn.

“Kunoh is a welcome addition, bringing new energy to Hyosung’s banking technology business in North America,” Nancy Gail Daniels, chief revenue officer of Hyosung Americas, said in a statement. “His intelligence, business acumen and recent experience driving our fintech and retail technology business in Korea will serve our growing business well.”

Hyosung Americas, which moved into its Las Colinas headquarters in late 2020, launched a new line of ATMs for the future in cash, crypto, gaming, and more in July 2022. Last year, the company announced a new innovation-focused brand identity, “Hyosung Innovue,” and rolled out its Cajera Series ATMs that handle bill paying, crypto purchases, cash recycling, and more.

26 years’ experience in ‘fintech innovation’

The company said that Kim brings more than 26 years of experience in leadership in fintech innovation, including the advancement of Hyosung’s integrated payment solutions and pioneering utilization of big data platforms. Recently, Kim directed the development of retail hardware and software solutions, self-checkout, and smart vending products.

Before coming to Hyosung Americas, Kim served as vice president and division leader for business development at Hyosung TNS in Seoul, South Korea. While there, he was credited with the launch of the company’s retail solution products including self-order and self-checkout kiosks, Hyosung said.

Kim also worked for Hyosung Corp., the parent company of Hyosung TNS and Hyosung Americas, most recently as its director of corporate strategy. Before Hyosung, Kim was the director of the convergence business division of SK Telecom in Seoul, where he held multiple positions.

“I am humbled by the positive welcome from the Hyosung Americas team,” Kim said in a statement. “It has been a privilege to contribute to Hyosung’s success on a global scale, and I’m eager to bring that same dedication and expertise to our operations here in North America. I’m confident that with the support of our talented team, we will achieve great things together.”

Hyosung Americas said that its team members expressed optimism about Kim taking the helm.

“Kunoh’s recent stewardship in spearheading transformative ventures at Hyosung, encompassing fintech innovations, integrated payment solutions and big data platforms, showcases an extensive spectrum of business and technological leadership,” Chief Product Officer Michael Graham said in a statement. “I’m confident that this expertise will fortify our dedication to crafting exceptional human experiences.”

Hyosung Americas, which describes itself as the world’s leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung TNS, Inc.

The company said that since entering the North American market in 1998, it has grown from the largest provider of ATMs in the United States to offering best-in-class, innovative, and transformative technology solutions across the cash management and payments spectrum.

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