FSS to Use AI to Track Down 'Masterminds' of Bulsageum Organization... Establish Analysis System
4 Articles
4 Articles
(Seoul = Yonhap News) Reporter Kang Su-ryeon = Financial authorities are using artificial intelligence (AI) to analyze big data related to illegal private lending and track down the masterminds behind organized crime.
The Financial Supervisory Service (FSS) is now able to detect criminal organizations by analyzing information reported by victims of illegal private lending using artificial intelligence (AI) technology. On the 25th, the FSS announced, "We have established an AI-based analysis system to support investigations into organized crime by utilizing big data related to illegal private lending accumulated over time." Illegal
The Financial Supervisory Service has identified the true nature of illegal loan sharks engaging in organized criminal activities by connecting dispersed reports of illegal private loan damages through an AI analysis system. By detecting indications of involvement of registered lending companies in illegal operations, the agency is pursuing strong crackdowns and damage relief measures in cooperation with the police.
[Digital Daily Reporter Kim Nam-gyu] As a result of the Financial Supervisory Service (FSS) analyzing 380,000 pieces of information related to illegal private lending using artificial intelligence (AI), previously undisclosed loan shark organizations and additional cases of damage have been successively identified. Evidence was also detected that officially registered lending companies were involved in illegal private lending operations. On the…
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