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Finance

KB Kookmin Bank, credit guarantee body launch one-stop non-face-to-face guaranteed loan service

KB Kookmin Bank has launched a one-stop, non-face-to-face guaranteed loan service with the Credit Guarantee Foundation Central Association, allowing small merchants and sole proprietors to handle everything from guarantee applications to loan disbursement remotely. The bank said the service applies banking-as-a-service to the association’s integrated Bojeungdream app. To mark the launch, KB Kookmin Bank will run a fee-support event through Oct. 30.

Crypto

KakaoPay tests AI agent payment for purchases and sales using stablecoins

KakaoPay tested a two-way “agentic payment” technology in which AI agents use stablecoins to buy goods or data and settle payments to sellers. The company said it completed a proof-of-concept covering both purchase and sales functions. The test linked AI agents with KakaoPay’s digital asset wallet and payment infrastructure, validating processes from wallet connection to payment, settlement and policy management. It also developed seller tools for monetising APIs and data.

General News

Choi Tae-won appeals non-indictment in defamation case involving No So-young's lawyer

SK Group Chairman Choi Tae-won appealed prosecutors' decision not to indict a lawyer representing No So-young over remarks that Choi spent more than 100 billion won on Kim Hee-young since 2015. Prosecutors cited insufficient evidence for defamation and said the remarks had some basis. Choi's side said the decision did not confirm the figures as fact and argued the actual amount spent as living expenses with Kim was about 2 billion won, with larger figures stemming from improperly aggregated expenditures.