Search results for Senior Financial Education Council
People
Kakao Impact Foundation holds senior AI competition, 64 advance to finals
Kakao Impact Foundation said on Oct. 19 it held the finals of its nationwide senior AI quiz competition on Oct. 15. A total of 64 people aged 60 and over took part after winning regional preliminaries, with an average finalist age of 71.9. Preliminaries ran for about four months at 150 senior welfare centers. The finals connected Kakao’s Pangyo facility with 16 centers online and were livestreamed.
Fintech
KB Kookmin Bank steps up AI suspicious-transaction detection, police cooperation to block financial fraud losses
KB Kookmin Bank has prevented about 150 billion won in financial fraud losses through the end of September this year using an artificial intelligence-based fraud detection system and closer cooperation with police, it said. The bank is also providing financial education for older people on voice phishing tactics and how to respond. It held a fraud-prevention campaign with the National Police Agency at a senior welfare center in Seoul.
People
KakaoPay wins science ministry award for senior digital finance education
KakaoPay has received a commendation from the minister of Science and ICT for contributing to efforts to narrow the digital information gap among seniors and promote an inclusive financial culture. The company said it won the award at a ceremony marking the 39th Information Culture Month in Seoul. Since 2023, it has run senior classes at 50 welfare centers nationwide, offering training on digital finance apps, credit management and fraud prevention.
