The Defendants jointly share KRW 100,000 for each of the Plaintiffs and each of them shall be from May 30, 2014 to January 22, 2016.

Basic Facts

Defendant A Co., Ltd. (hereinafter “Defendant A”) is a corporation that is engaged in the business of issuing, selling, and managing credit cards, pre-paid cards, and Defendant B Co., Ltd. (hereinafter “Defendant B”) is a corporation incorporated jointly by financial institutions, which is engaged in business of credit inquiry and credit investigation as prescribed by the Act on the Use and Protection of Credit Information.

The plaintiffs are those who have used or used credit cards, etc. after entering into a contract for use and financial transaction with Defendant A.

The concept of the card accident analysis system and the introduction card accident analysis system ("FDS") are introduced by all domestic credit card companies as a system to detect abnormal or fraudulent use due to theft, loss, forgery, etc. of credit cards. According to FDS, it is possible to establish an analysis model based on statistical techniques using large amount of card use information and relevant customer information based on past accident transactions, and based on this, if it is discovered that abnormal types of transaction have occurred according to the statistical analysis pattern, it is possible to refuse to approve the card.

Defendant A entered into a contract with Defendant A for the development of FDS and for the first time after the introduction of FDS in around 2008, and entered into a contract with Defendant B on January 30, 2013, setting the contract amount of KRW 227,419,500, and within seven months from the delivery deadline.

(A) The development personnel of Defendant B, including B, who is a general manager of the project, were put into Defendant A and started the development of FDS from February 2, 2013 to August 2013; and ① from February 2013 to March 2013 to March 2013, Defendant A’s.