Articles with tag like: Korea

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T-Money pilots facial recognition tech for touchless payments

News | Digital Identity, Security & Online Fraud | 26 Jan 2021

T-Money has trialled a pilot process to put in place and evaluate a system providing touchless biometric payment for public transportation in Korea using facial recognition tech. 

T-Money, trial, face biometrics, contactless payments, public transportation, facial recognition, Korea

UnionPay, Danal to offer digital pre-paid card

News | Cards | 05 Nov 2020

China-based UnionPay has partnered with Korean payment provider Danal to introduce a digital pre-paid card for travellers going to places including China.

UnionPay, Danal, partnership, product launch, China, Korea, digital card, mobile wallet, Paycoin Wallet

Nium, E9pay partner to boost remittance offerings

News | Online Payments | 13 Oct 2020

Korea-based digital remittance provider E9pay has teamed with Singapore-based fintech Nium to boost the remittance offerings for E9pay’s corporate and individual customers.

Nium, E9Pay, Korea, payments, cross-border payments, money transfer, remittance, ecommerce, merchants, Europe, Indonesia, India, US

Binance launches trading platform in Australia

News | Cryptocurrencies | 29 Jul 2020

Binance, a blockchain company, has launched Binance Australia, a fiat-to-crypto trading platform.

Binance, Fiat, cryptocurrency, Binance Australia, Australia, blockchain, banks, PayID, mobile app, digital currencies, Singapore, Korea, Uganda, Jersey, US, UK

Digitalisation of SMBs could add USD 3.1 trillion to Asia Pacific's GDP

News | Payments General | 28 Jul 2020

The 2020 Asia Pacific SMB Digital Maturity Study has shown that the digitalisation of SMBs in Asia Pacific could add USD 2.6 to 3.1 trillion to the region’s GDP by 2024.

digitalisation, SMBs, Asia Pacific, economic, 2020 Asia Pacific SMB Digital Maturity Study, digital, IDC, Cisco, COVID-19, coronavirus, pandemic, technology, cloud, IT, software, Digital Observers, Singapore, Japan, New Zealand, China Taiwan, Thailand, Korea, Hong Kong, Malaysia

BankBazaar raises USD 6 million in series D funding round

News | Payments General | 04 Jun 2020

Online financial services marketplace BankBazaar has raised almost USD 6 million as part of its ongoing series D funding round. 

BankBazaar, WSV, Walden International, Korea, SKTA, Amazon, Sequia India, Experian , Eight Roads, retail, loans, credit cards, cards, India, startup

12CM and NBP to implement a SaaS solution

News | Online & Mobile Banking | 26 May 2020

Korea-based 12CM software platform provider has teamed up with Naver Business Platform (NBP), a company specialised in cloud IT infrastructure and services.

fintech, SaaS, Korea, 12CM, software, partnership, Naver Business Platform, NBP, cloud, IT, Echoss Stamp, API, technology, banks, mobile apps

MoneyGram teams up with E9Pay

News | Online Payments | 20 May 2020

MoneyGram, a cross-border P2P payments and money transfers service, has partnered with with E9Pay, a money transfer and payment fintech companies in Korea. 

MoneyGram, partnership, Korea, fintech, E9Pay, cross-border, P2P, payments, money transfer, network, Southeast Asia, Russia, Commonwealth of Independent States, CIS, Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, Sentbe, Overseas Remittance Business No. 1 License, Ministry of Economy and Finance, MOEF, Nepal, Cambodia, Sri Lanka, Vietnam, Philippines, Indonesia, China

Nium to expand remittances routes for KasikornBank customers

News | Mobile Payments | 19 May 2020

Singapore-based fintech Nium has announced the expansion of new remittance corridors for customers of KasikornBank (KBank) through its K PLUS app.

Nium, remittance, KASIKORNBANK, Singapore, KBank, K PLUS, Asia Pacific, Indonesia, Korea, Malaysia, Philippines, Vietnam, payments, digital remittance, cross-border payments, digital payments

Bithumb Korea to join MyID Alliance and use its blockchain based, digital ID service

News | Cryptocurrencies | 17 Apr 2020

Bithumb Korea has announced its engagement in the blockchain-based, digital identification organisation, MyID Alliance.

Bithumb Korea, cryptocurrency exchange, blockchain, digital identity, data protection, authentication, Korea, MyID Alliance, DID

Shinhan Card reveals facial recognition payment service

News | Digital Identity, Security & Online Fraud | 14 Apr 2020

Korea-based credit card company Shinhan Card has introduced Shinhan Face Pay, the country’s first biometric facial recognition payment service.

Shinhan Card, biometrics, facial recognition, retail, payment, credit card, facial payments, Korea, banks

Kakao Talk's Business Solution integrates Cafe24

News | Ecommerce | 25 Mar 2020

Cafe24, a global ecommerce platform, has announced that it is integrating its platform to Kakao’s account-based business solution, Kakao Sync.

Kakao Sync, ecommerce, merchants, Korea, Kakao Talk Biz Message, big data, data analytics, Cafe24

Cryptocurrency exchange Binance invests in South Korean startup

News | Cryptocurrencies | 15 Jan 2020

Binance has taken a 500 million won (USD 432,000) stake in BxB, a Korean fintech company that launched a Korean won stablecoin in 2019.

cryptocurrency, Binance, investment, Korea, stablecoin

K-pop music company SM Entertainment plans its own cryptocurrency

News | Cryptocurrencies | 05 Sep 2019

Korea-based pop talent agency SM Entertainment has planned to build its own blockchain network with a native cryptocurrency.

K-pop, SM Entertainment, cryptocurrency, Korea, blockchain, stock price, Stock Exchange, shareholders, digital assets

Korean startup Fin2B rolls out supply-chain financing for SMEs

News | E-invoicing, SCF & E-procurement | 27 Aug 2019

Korea-based fintech startup Fin2B has created an account receivable trading platform for SMEs to receive short-term financing from institutional investors.

Korea, Fin2B, supply chain finance, SME, accounts receivable trading platform, short-term financing, institutional investors, financier, buyer, lending, B2B payments

Korea-based ecommerce startup Kurly closes USD 113 mln Series D round

News | Ecommerce | 04 Jun 2019

Kurly, a startup that operates a grocery delivery service in Korea, has announced that it has closed an upsized Series D round of USD 113 million.

Kurly, ecommerce, startup, delivery service, Korea, retail, China

JB Financial, CIMB Niaga join hands for open banking platform

News | Payments General | 18 Dec 2018

Korea-based JB Financial Group has partnered with Indonesia-based commercial bank CIMB Niaga to introduce its open banking platform in Indonesia.

JB Financial, CIMB Niaga, CIMB Group, partnership, Korea, Indonesia, Asia, Open Banking, open banking platform, fintech

SK Holdings C&C, ConsenSys team up for blockchain hub

News | Cryptocurrencies | 04 Dec 2018

SK Holdings C&C has partnered with Ethereum blockchain technology company ConsenSys, to create an enterprise blockchain development hub for Korean businesses.

SK Holdings C&C, ConsenSys, blockchain, Korea, partnership, digital identification, authentication, Ethereum

DGE, Regen Medical Group of Korea partner for cryptocurrency payment system

News | Cryptocurrencies | 26 Nov 2018

Digital Gold Exchange (DGE) has teamed up with South Korea`s medical group Regen to launch a cryptocurrency payment system for medical service.

DGE, Regen Medical Group, Korea, cryptocurrency, payment system, wallet, secure payment, blockchain

Alipay will be available in Seoul taxis via kakaopay

News | Payments General | 23 Oct 2018

Alipay has announced that following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019.

Alipay, Korea, KakaoPay, mobile payments, QR code payments