The 56th annual meeting of the Asian Development Bank (ADB) is set to take place from Tuesday to Friday at Songdo Convensia, Incheon. This will be the ADB s first in-person event s.
Shinhan Bank is expanding the use of artificial intelligence (AI) at its automated teller machines to protect customers and their assets from voice phishing and other financial crimes, the lender said on Sunday. It said all of its branches are setting up ATMs equipped with an AI program that can detect any abnormal behaviors from users, such as covering their faces with hats or sunglasses, or talking on the phone for too long while using the machine.
The Financial Supervisory Service (FSS) has asked Shinhan Bank to improve its anti-money laundering (AML) management system, particularly in the areas of digital asset businesses and overseas branches.