K Bank has established a management system to enhance the safety and reliability of its artificial intelligence (AI) services and has obtained international certification.
K Bank announced on October 19 that it has received the ISO/IEC 42001 certification for its AI Management System (AIMS).
ISO/IEC 42001 is an international standard for AI management systems jointly established by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It sets forth criteria for governance (decision-making systems), risk management, data management, security, ethics, and transparency, enabling organizations that develop or utilize AI to manage technology responsibly.
K Bank explained that this certification recognizes its system for identifying and managing risks that may arise throughout the entire process of planning, developing, and operating AI services as compliant with international standards.
The bank has established 'AI Ethical Principles' for responsible AI use and has developed internal standards to be followed during the AI development and operational processes. It has also built a company-wide AI governance system to manage related risks.
K Bank is utilizing AI technology for both customer service and internal operations. It has launched 'AI Integrated Search' based on generative AI and 'AI Transfer,' which allows users to make transfers through conversational text or voice. Internally, it has implemented 'Agentic AI' to assist with code writing, system analysis, and improvements.
A K Bank representative stated, "As the use of AI expands rapidly, it is crucial to have a system in place for safe and responsible management. We will continue to enhance our AI governance and risk management systems to expand AI financial services that customers can use with confidence."
* This article has been translated by AI.
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