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South Korea has launched an open banking service in a move to boost convenience and lower transaction costs for customers.
South Korea, Open Banking, open banking service, Financial Services Commission, KB Kookmin Bank, Shinhan Bank, Woori Bank, Keb Hana Bank, Viiva Republica, Toss
Four more major institutions including the Shinhan and NH Nonghyup banks have joined a South Korean decentralised identity initiative.
blockchain, descentralisation, banks, South Korea, Samsung Electronics, Keb Hana Bank, Woori Bank