IBK Industrial Bank of Korea is introducing an AI-based system to check for potential misselling risks that may arise after investment products are sold. The bank aims to raise the level of financial consumer protection by automating its post-sale management process, which had relied mainly on manual work. The system analyses post-sale product data, customers\' investment experience and abnormal transaction patterns to automatically identify potential risk factors.

SK Telecom said on Wednesday it has prepared services and benefits for May, designated as family month in South Korea, ranging from phone gifting to AI security features. It proposed a free add-on service that lets parents hand down devices to children aged 13 or under, offering data coupons, free family roaming and subscription discounts. SKT also highlighted an AI-powered call alert for suspected voice phishing and promoted family roaming options and a forest camp event for long-term customers.