Shinhan Bank to Introduce AI-based ATMs to Prevent Voice Phishing | Be Korea-savvy

Shinhan Bank to Introduce AI-based ATMs to Prevent Voice Phishing


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SEOUL, March 8 (Korea Bizwire)Major South Korean lender Shinhan Bank said Monday it will introduce artificial intelligence (AI)-based automated teller machines (ATMs) that detect abnormal activities to prevent voice phishing.

The new ATMs detect a user’s suspicious activities, such as talking on their cell phone while using the machine or wearing sunglasses or a hat, sending a warning message to the cardholder.

Shinhan Bank plans to first introduce the AI ATMs at larger branch offices with a high number of senior clients and high risk for voice phishing, before rolling them out nationwide.

Later this year, the bank also plans to add a new function to the ATM that will require users to go through additional identification procedures if the AI system detects suspicious activities.

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Image Credit: Shinhan Bank / photonews@koreabizwire.com

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