South Korean banks use artificial intelligence to resist voice phishing wave

South Korea's banking industry and government are advancing digital currency experiments for fiscal subsidies. KB Kookmin Bank takes the lead in combating voice phishing through personalized risk indicators and cooperation with cryptocurrency exchange Bithumb. At the beginning of 2025, the losses caused by voice phishing increased by 95% year-on-year to 799.2 billion won. Major banks such as Shinhan Bank and Hana Bank have implemented fraud prevention measures, while regulatory reforms allow for the opening of institutional crypto accounts starting in 2025, reflecting a broad shift in public finance to blockchain integration.