Search results for BankSalad
Finance
Financial sector hacking spreads, delays gain support for digital asset tax postponement
A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.
Finance
Banksalad develops AI controls to prevent financial transaction errors, files three patents
Banksalad has developed technology to control incorrect financial judgments and transaction execution by AI agents and has filed three related patent applications. The system establishes verification procedures to prevent transactions that could disadvantage customers when AI misanalyses product information or makes calculation errors. The technology focuses on execution-target assessment, numerical verification and execution control to address AI hallucination errors. The filings are at the application stage, not patent registration.
Finance
Financial sector audit clashes over hacking, ETFs as digital asset rules near final stage
South Korea’s parliamentary audit of the Financial Services Commission focused on a string of hacking incidents, single-stock leveraged ETFs and the effectiveness of property loan curbs. Lawmakers raised concerns over inconsistent inspection periods and limited log reviews, while calls grew to ease network separation rules to counter AI-driven threats. Regulators also discussed stablecoin legislation, cross-border tracking of digital asset transfers and preparations for tokenised securities rules, alongside broader fintech and banking industry developments.
-
Finance
Banksalad launches Monthly Money Report to analyse monthly cash flow
-
Finance
Financial sector hit by hacking, security vulnerabilities exposed across the board
-
Finance
Banksalad files for Kosdaq preliminary listing review, begins IPO process
-
Finance
MyData market expands as Korea faces impact of consecutive base rate hikes
-
Fintech
Banksalad says users of AI interest rate cut request service up 125 percent
-
Fintech
MyData market to expand as fintech eyes AI loans and finance groups focus on data sharing
-
Finance
Household loan cap raised to 3 percent; scraping to be phased down
-
Finance
Banksalad expands AI-based insurance consulting with first BFS cohort
-
Finance
Fintech posts record results as payment touchpoints expand, signs of loan curb easing
-
Finance
Banksalad revamps loan management screen, offers ways to cut interest
-
AI & Enterprise
Snowflake to hold Snowflake World Tour Seoul on Aug 27 to share AI strategy
-
Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
-
Finance
Banksalad, Sogang University study MyData-based alternative credit scoring
-
Fintech
On2U firms, savings banks linked-investment loans top 500 billion won, expand lending to mid-low credit borrowers
-
Finance
Financial sector \'digital risks\' rise, putting IT controls to the test