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Industry

MSIT to expand advanced technology demonstrations from closed-facility safety to infectious disease response

South Korea’s Ministry of Science and ICT will expand demonstrations of advanced technologies such as artificial intelligence, intelligent quarantine air-conditioning coordination, bio interfaces and smart mobility to address social issues closely tied to daily life. The ministry said it will 추진 4 new projects under its 2026 programme to support wider adoption of technology-based demonstrations. The new projects include 2 single-type and 2 integrated-type tasks, with annual support of 800 million won and 1.4 billion won respectively over 2 to 3 years.

AI & Enterprise

Woori Bank holds AI competition to seek ideas to prevent financial fraud

Woori Bank held the finals of an AI-financial consumer protection idea contest with trainees from Samsung Youth SW and AI Academy (SSAFY) at its headquarters on June 5. The contest aimed to find practical ideas using AI to address consumer protection issues, reduce financial access problems for vulnerable groups and prevent increasingly sophisticated new types of financial fraud. A total of 116 teams entered, with 7 reaching the finals.

People & Appointments

Shinhan Bank launches third cohort of university digital finance education assistants

Shinhan Bank is working with university students to improve older people’s access to digital financial services. The bank said it held a launch ceremony on Monday for the third cohort of its Digital Financial Education Assistants at its Shinhan Hakijae Incheon education centre. Fourteen Incheon National University students were selected. They will provide training on unmanned branches and mobile finance apps, fraud prevention, community AI and digital education, and produce tailored AI and digital finance content for seniors.