Korea Federation of Banks Hosts Senior Digital Financial Education "Challenge! Golden Bell" Event

Held at Gavine Art Hall in Samsung, Seoul, on May 20

Enhancing Digital Financial Accessibility for Seniors

Sharing Educational Achievements Including Responses to Financial Fraud Risks

The Korea Federation of Banks hosted an event to share the outcomes of its Senior Digital Financial Education program, aimed at improving digital financial accessibility for the elderly. The initiative seeks to address financial exclusion among seniors by providing practical education focused on real-life applications, such as mobile banking, open banking, using kiosks and ATMs, and preventing financial fraud.

Senior participants are taking part in the Senior Digital Finance Education "Challenge Golden Bell" event hosted by the Korea Federation of Banks on the 20th, where they learn financial knowledge through a quiz format and engage in communication. Provided by the Korea Federation of Banks.

On May 21, the Korea Federation of Banks announced that it had held the "3rd Challenge! Golden Bell" event at Gavine Art Hall in Samsung, Seoul. The Golden Bell event, held on the 20th, was organized to share the learning achievements of the "Bankit Senior Digital Financial Education" program. This program, a social contribution initiative for seniors, has been provided free of charge by the Korea Federation of Banks since 2023. It is designed to reduce the difficulties that the elderly face when using digital financial services and to help them respond to the risks of financial fraud.

This year’s education was conducted for approximately 12,000 senior trainees aged 65 and older at 100 senior welfare institutions nationwide. The main curriculum included hands-on training in mobile banking and open banking, instructions on using kiosks and ATMs, and methods for preventing and responding to financial fraud. Since the launch of the program in 2023, now in its third year, the cumulative total has reached about 27,000 senior trainees at 240 senior welfare institutions nationwide. The Korea Federation of Banks explained that, as in the first and second years, senior instructors who completed the instructor training program provided education tailored to the needs of the elderly trainees this year as well.

The Korea Federation of Banks held the "BANKiT Senior Digital Finance Education 3rd Challenge! Golden Bell" event on the 20th at the Garbin Art Hall in Samsung, Seoul. The "BANKiT Senior Digital Finance Education" is a social contribution activity for seniors, conducted free of charge by the Korea Federation of Banks since 2023 to address the digital financial exclusion issue among seniors. The photo shows instructors who completed senior instructor training posing for a commemorative photo with Jinwoo Park, Executive Director of the Korea Federation of Banks. Provided by the Korea Federation of Banks.

The "3rd Challenge! Golden Bell" event, held on this day, was an interactive session that allowed participants to review what they had learned throughout the course in the form of quizzes. Participants solved questions on topics such as how to use mobile banking and how to respond to financial fraud, thereby checking their understanding of the material. More than 100 trainees took part in the event. The ceremony also included the awarding of certificates to 111 instructors who had completed the "Senior Instructor Training Program."

Choyong Byung, Chairman of the Korea Federation of Banks, stated, "We will continue to take the lead in promoting inclusive finance so that everyone, without exception, can enjoy the convenience of digital finance. We will persist in offering and expanding senior-tailored education and services that can be utilized in daily life."

This content was produced with the assistance of AI translation services.