Wire · regulatory
Financial Supervisory Service AI Tracks Illegal Lenders' 'Tail-Cutting'
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Fusion42 · 25 October 2026 · Fusion42 review
The Financial Supervisory Service (FSS) in South Korea has implemented an AI-based system to track illegal private lending networks using data analytics to connect scattered victim reports, uncovering links to registered moneylending companies involved in illegal activities.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You face higher scrutiny if your lending tech touches registered moneylenders in South Korea. Expect regulatory moves targeting any split operations disguising illegal lending under legal licences.
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1 source · 25 Oct 2026
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