Travel tech company Yanolja said it will strengthen global cooperation with Citi to innovate payments for the travel industry. The plan extends a partnership that has continued since 2021 between Yanolja and Citibank Korea to Citi’s worldwide network. The companies will work to build a next-generation integrated payment and settlement system, focusing on improving B2B settlement efficiency and transparency, linking API-based automated settlement and payment systems, AI-based financial risk management, and expanding global cash management and payment infrastructure.

Shinhan Investment Corp said on Friday it signed a memorandum of understanding with Bridgecode to strengthen advisory services for succession-oriented mergers and acquisitions involving small and medium-sized companies. It plans to offer structured support for tasks arising during business succession, and third-party succession M&A advisory for firms where family succession is difficult. It also plans a group-level response to the government's policy direction on promoting succession M&A and will operate an initial stage of a succession matrix.