Discover all the payments and fintech-related news and analysis about Korea, Republic Of in The Paypers News, Reports, along with other Korea, Republic Of-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Korea, Republic Of in The Paypers News, Reports, along with
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The financial regulator of South Korea, Financial Supervisory Service (FSS) has announced it is reviewing the Apple Pay service launch clause submitted by Hyundai Card.
product launch, digital wallet, digital payments, mobile payments, NFC, online payments, e-wallet
The government of South Korea has decided to update its Virtual Asset Users Protection Act to protect investors from market crimes.
cryptocurrency, regulation, financial crime, digital assets
UK-based fintech Currencycloud has partnered with South-Korea-based global remittance and payment provider SentBe to improve its financial exchange (FX) capabilities.
partnership, FX , payments , payments infrastructure, cross-border payments, cross-border logistics, remittances, financial services
Real-time global payments provider Nium has announced its partnership with Jeonbuk Bank in order to offer remittance services for customers in South Korea.
partnership, remittance, money remittance, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce, financial inclusion
Digital payments infrastructure provider, PPRO, has recently announced it extended its infrastructure to the South Korean market, integrating onto its platform local cards and Toss Pay, a popular e-wallet.
cross-border payments, cross-border ecommerce, expansion, digitalisation, cashless, cash, e-wallet, digital wallet, online payments, payments infrastructure, online shopping, online platform, merchant, local payment method
South Korea-based bank Hana has started to collaborate with BitGo to offer digital asset custody services from the latter half of 2024.
digital assets, blockchain, banking, regulation
Crypto.com, the cryptocurrency platform serving over 80 million customers globally has announced the launch of the Crypto.com App in South Korea.
trading platform, cryptocurrency exchange, crypto, NFT, regulation
South Korea-based company Samsung has announced its partnership with the Bank of Korea to launch wire transfers to Galaxy smartphones and smartwatches.
partnership, mobile payments, online payments, digital signature, payments , contactless payments
Chiliz Group, a blockchain provider for the sports and entertainment sector, has entered into a partnership with digital payments platform NAVER Pay.
partnership, blockchain, cryptocurrency, digital assets
Financial authorities of South Korea have announced the launch of a task force service aimed to enhance banks’ business practices and overall management.
product launch, online banking, digital banking, financial services, financial institutions
Samsung Pay has joined forces with South Korea-based mobile payments provider Naver Pay to strengthen each other’s businesses across South Korea.
Samsung Pay, mobile payments, merchants, partnership, payment methods
Binance has entered the final phase of acquiring Korea-based crypto exchange Gopax. The company is completing due diligence (DD) on the acquisition and finalizing the process.
acquisition, partnership, cryptocurrency exchange, crypto, digital assets
STX Corporation has partnered with digital currency payment institution Triple-A to introduce digital currency payments on the TROLLYGO platform.
cryptocurrency, digital assets, partnership, B2B payments
The South Korean National Tax Service agency has opened an investigation into the activities of Bithumb and its affiliates over tax evasion concerns.
tax evasion , cryptocurrency exchange, compliance
The South Korean National Assembly Legislative Research Service has mentioned a possible crypto tax elimination debate in its policy guidebook.
cryptocurrency, trading platform, investment, regulation, virtual asset
South Korea-based cryptocurrency exchange Bithumb has revealed its plans to go public in the East Asian country.
cryptocurrency, cryptocurrency exchange, IPO, financial services
Singapore-based crypto gateway Alchemy Pay has partnered with web3 investment company DWF Labs to facilitate its expansion and secure a USD 10 million funding.
funding, partnership, expansion, payment methods, NFT
South Korea has announced the expansion of its mobile identification cards to its nationals and resident customers who are currently living overseas.
product launch, expansion, payments , online payments, mobile payments, digital payments, ecommerce
Payment network GLN International has partnered with Remitly to launch instant cross-border remittances from abroad to all domestic bank accounts in Korea.
cross-border payments, remittance, money transfer, digital wallet, bank account
South Korea has revealed its plans to launch a central bank digital currency (CBDC) pilot involving 100,000 citizens in the fourth quarter of 2024.
cryptocurrency, digital assets, CBDC, banks