Chairperson Kim Byung-hwan said on the 29th, "With rapid technological advancements, the data economy has transitioned into the era of generative artificial intelligence (AI), and is now expanding its domains into physical AI." He noted, "It will bring innovative changes in various areas such as internal management, risk management, and customer service."
Chairperson Kim made this remark during a congratulatory speech at the '2025 Future Finance Forum' held at the Westin Chosun Hotel in Seoul, organized by ChosunBiz.
Chairperson Kim stated, "Finance has been a representative field that has grown based on data for a long time," and pointed out, "The MyData industry has also been the first to grow rapidly in the financial sector." He mentioned the improvement of the 'network separation' regulation, which separates the internal and external networks of financial institutions, stating, "Afterward, financial companies are rapidly expanding AI-based innovative services."
Chairperson Kim said that for AI innovation to be sustainable, financial system stability must be maintained simultaneously. He noted, "We witnessed severe fluctuations in the global stock market early last August," and added, "The impact of data breaches or system malfunctions due to cyber attacks will be much greater than before."
He stated, "Financial markets will move faster, and through algorithmic trading that utilizes models, the volatility will increase." He emphasized the need to pay close attention to the system risks expected in the AI era, saying, "I will continue to think about how innovation and stability can be achieved in balance within the new financial environment."