Conducting various research through external cooperation and industry-academia cooperation... “Leading the development of innovative financial technologies”
[IT Daily] Kakao Bank is working with KAIST researchers to innovate financial technology through the advancement of artificial intelligence technology.
On the 15th, Kakao Bank (CEO Hoyoung Yoon) announced that it would jointly research 'eXplainable AI (XAI) in the financial sector' with the KAIST Explainable Artificial Intelligence Center (XAIC, Director Professor Jaesik Choi).
This joint research will be conducted through an industry-academia cooperation project between Kakao Bank Financial Technology Research Institute and KAIST Explainable Artificial Intelligence Research Center. KAIST Explainable Artificial Intelligence Research Center is a research institute with the best explainable artificial intelligence technology in the country and is developing artificial intelligence models that logically explain the basis for reasoning and judgment.
Explainable artificial intelligence is a technology that finds the basis for judgment about the results made by artificial intelligence and explains the decision-making process and results from the user's perspective. In other words, it explains the detailed solution process so that people can understand the answer given by artificial intelligence.
As artificial intelligence technology develops and its application area rapidly expands, securing reliability to use it safely is becoming important. In particular, in the case of financial services that have an obligation to explain to customers, it is essential to secure a reasonable level of explainability to ensure transparency of artificial intelligence and minimize errors and distortions.
In line with the changes in which ethical standards for artificial intelligence-based services are increasing and financial authorities are mandating explainability, Kakao Bank plans to take the lead in internalizing explainable artificial intelligence technology capabilities.
Kakao Bank, which is already applying explainable artificial intelligence technology to its credit rating model, plans to further advance artificial intelligence technology in the financial field and expand the scope of technology application through joint research with KAIST. In the future, the plan is to strengthen the financial safety net and increase customer convenience by applying technology to various fields such as upgrading the abnormal transaction detection system (FDS) and financial security.
Kakao Bank is leading the development of innovative financial technologies that will lead the future by conducting external and industry-academia cooperation with domestic and foreign researchers on various topics of research and development through the Financial Technology Research Institute. Previously, in collaboration with Korea University's Industry-Academic Collaboration Foundation, we also conducted research on non-self-aware authentication based on smartphone usage habit identification technology.
A Kakao Bank official said, “We expect that the joint research project with KAIST will be an opportunity for Kakao Bank’s artificial intelligence technology in the financial sector to take a leap forward,” adding, “We will continue to work closely with various organizations to develop artificial intelligence in the financial sector through close research cooperation.” “We will contribute to the safe and efficient use of intelligent technology,” he said.
출처 : 아이티데일리(http://www.itdaily.kr)
