[Photo description] BC Card won the Presidential Commendation on 14th Anti Money Laundry Day held by the Financial Services Commission on December 14th. Financial Services Commission Chairman Eun Sung-soo (center), BC Card CEO Lee Dong-myun (most left), and BC Card Compliance Officer Kim Kyung-joo (most right) are taking photos.

BC Card (CEO Lee Dong-myun) announced that it won the presidential award on 14th Anti Money Laundry Day as the first in credit card industry, held by Financial Services Commission on December 14th.

On "Anti Money Laundry (AML) Day," which is held by the Financial Intelligence Analysis Institute under the Financial Services Commission, outstanding financial institutions and individuals who have contributed to understanding and spreading awareness of AML are awarded. BC Card CEO Lee Dong-myun and Compliance Officer Kim Kyung-joo attended the ceremony.

Since the inauguration of Lee Dong-myun as CEO, BC Card has made great efforts to improve its anti-money laundering business processes, investment in relevant infrastructure and education.

In particular, by strengthening the monitoring of suspicious transactions and upgrading the operating system, the company accomplished ▲ Identifying new suspicious transaction types and ▲ Developing an integrated management platform for customer identification information ▲ Implementation of risk-based approach (RBA) ▲ Education and deployment of AML professionals.

"The infrastructure and capabilities of BC Card to prevent money laundering have been improved this year," said Kim Kyung-joo, a BC Card Compliance Officer. "We will continue to upgrade the risk assessment management system to prevent BC Card's financial services from being used for money laundering in the future."

In addition, BC Card is taking the lead in preventing new credit card financial crimes by strengthening monitoring of fraudulent use at domestic and overseas area, and learning the latest fraudulent use trends by upgrading its credit card Fraud Detection System (FDS) using AI analysis technology.