Fintech
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Banking & Finance
Samsung seeks to launch new super mobile banking app with a local bank
Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnershi...
Mar 25, 2024 (Gmt+09:00)
3 Min read -
Fintech
Hana Bank, Fount to co-work for robo-advisor service
South Korea's Hana Bank announced on Tuesday that it has signed a business agreement with robo-advisor company Fount Investment Co. to launch a retir...
Feb 27, 2024 (Gmt+09:00)
1 Min read -
Fintech
Korean Kakao Pay’s acquisition of US' Siebert collapses
South Korean Kakao Pay Corp.'s takeover deal of US-based Siebert Financial Corp. has failed amid the growing legal risks surrounding top executives o...
Dec 20, 2023 (Gmt+09:00)
2 Min read -
Fintech
Line Next attracts $140 mn to globally expand NFT platform
Line Next Corp., a digital asset affiliate of South Korean online portal giant Naver Corp., has attracted $140 million in a funding round led by Cres...
Dec 14, 2023 (Gmt+09:00)
1 Min read -
Fintech
Toss Pay expands on-site payment in 42 countries
Toss Pay, the convenient payment service of South Korea's mobile financial platform Toss, said on Monday it has expanded its overseas on-site payment...
Nov 20, 2023 (Gmt+09:00)
1 Min read -
Fintech
S.Korea's FNS Value to enter Malaysian fintech market
South Korea's FNS Value announced on Thursday a collaboration agreement with the Malaysian big data technology company Big Dataworks. The two compani...
Nov 16, 2023 (Gmt+09:00)
1 Min read -
Fintech
Naver Pay expands on-site payment to SE Asia countries
Naver Pay, the simple payment service of South Korea's Naver Financial, said on Thursday it has expanded its overseas on-site payment services. It i...
Nov 02, 2023 (Gmt+09:00)
1 Min read -
Fintech
Kakao Pay’s tie-up with Alipay spurs growth in China
BEIJING – Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., is rapidly growing in China’s fintech ...
Sep 20, 2023 (Gmt+09:00)
1 Min read -
Fintech
Naver Pay to be available at all Alipay merchants in China
Naver Pay, the simple payment service of South Korea's Naver Financial, announced on Tuesday that it will start offering Naver Pay Money and Point QR...
Sep 19, 2023 (Gmt+09:00)
1 Min read -
Fintech
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the ...
Sep 18, 2023 (Gmt+09:00)
4 Min read -
Fintech
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this yea...
Aug 01, 2023 (Gmt+09:00)
1 Min read -
Fintech
Kakao Pay launches ATM service in Japan, Vietnam, Laos
South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wit...
Jul 05, 2023 (Gmt+09:00)
1 Min read -
Fintech
SK C&C to release Kospi-focused AI investment strategy service
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inves...
Jul 04, 2023 (Gmt+09:00)
1 Min read -
Fintech
Samsung, 4 Korean banks to foster financial software engineers
Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help support...
Jun 27, 2023 (Gmt+09:00)
1 Min read -
Fintech
Mirae Asset Securities, Near Protocol team up for blockchain techs
South Korea's Mirae Asset Securities announced on Thursday that it has signed a memorandum of understanding (MOU) for collaborative research in block...
Jun 08, 2023 (Gmt+09:00)
1 Min read -
Fintech
S.Korea's Mirae Asset, Hana Financial Group form security token tie-up
South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance ...
Jun 01, 2023 (Gmt+09:00)
1 Min read -
The KED View
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It i...
Apr 26, 2023 (Gmt+09:00)
3 Min read -
Fintech
BC Card, KTO to promote mobile payment for foreign tourists
The Korea Tourism Organization (KTO) has announced a new partnership with BC Card and the Korea Easy Payment Foundation to introduce a mobile payment...
Apr 26, 2023 (Gmt+09:00)
1 Min read -
Fintech
Webcash launches AI accounting solution Wabooks in Vietnam
South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution "...
Apr 25, 2023 (Gmt+09:00)
2 Min read -
Fintech
KB Securities signs MOU with Korea East-West Power, Hikive
KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a t...
Mar 30, 2023 (Gmt+09:00)
1 Min read -
Fintech
LINE, Mizuho call off plan to set up mobile-only bank in Japan
LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveile...
Mar 30, 2023 (Gmt+09:00)
2 Min read -
Fintech
Samsung Pay adds Visa to overseas payment service
South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make oversea...
Mar 23, 2023 (Gmt+09:00)
1 Min read -
Fintech
Apple Pay to shake up S.Korea's digital payment market
The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay i...
Mar 21, 2023 (Gmt+09:00)
2 Min read -
Fintech
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C f...
Mar 16, 2023 (Gmt+09:00)
1 Min read -
Fintech
Apple Pay to launch in South Korea on March 21
Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With the...
Mar 14, 2023 (Gmt+09:00)
1 Min read -
Fintech
Apple Pay's S.Korea debut as early as third week in March
Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest sm...
Mar 06, 2023 (Gmt+09:00)
1 Min read -
Fintech
Samsung Electronics, Naver partner to create simple payment service
Samsung Electronics Co. and South Korea's Naver Financial have formed a simple payment service alliance in which users of Samsung Pay can make simple...
Feb 21, 2023 (Gmt+09:00)
2 Min read -
Fintech
WeMade signs partnership deal with global fintech Hashkey
South Korea's game publisher WeMade Co. said on Friday that it had signed a strategic alliance with Hashkey Group, a Hong Kong-based global fintech c...
Jan 13, 2023 (Gmt+09:00)
1 Min read -
Fintech
Korea's Webcash to expand B2B fintech solutions in Cambodia
Webcash Co. a leading business-to-business (B2B) fintech solutions provider in South Korea, said on Thursday its Cambodian affiliate KOSIGN and Phnom...
Jan 12, 2023 (Gmt+09:00)
2 Min read
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