There are a number of global technology companies entering the Korean market. Technology is playing a bigger role in money transfers, transactions, and consumer banking. The two innovations that have been incorporated have been blockchain technology and artificial intelligence. These forms of technology are currently being used to challenge the big players in the markets by attracting new customers through ease of use and efficiency.
New startups are constantly challenging traditional banks to attract customers through the newest and most secure form of technology. I believe that major banks will acquire small startup financial technologies to attempt to gain a competitive advantage over other banks. It remains to be seen what sorts of technologies will prove to change the market as a whole, but when it comes to banks, security is the most important factor. Artificial intelligence appears to be the closest form of financial technology that could be incorporated at the moment.
https://www.cryptocoinsnews.com/bank-korea-fintech-companies-will-reshape-financial-industry/