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Finance

KakaoBank launches 'Sticky Card' PLCC with Shinhan Card

KakaoBank launched a private label credit card with Shinhan Card on Aug. 21. The KakaoBank Sticky Shinhan Card offers discounts focused on daily spending, including simple payments, AI subscription services, memberships and shopping. It provides 10 percent off certain online payments and AI subscription billings, 50 percent off selected memberships, and 10 percent off at major offline retailers. Discount limits vary by prior-month spending. A promotional refund event runs through Oct. 31.

Industry

Qualcomm appoints Sergio Buniac as executive vice president to lead mobile and AI

Qualcomm has hired an external executive to strengthen its mobile business. The company said on Aug. 21 it appointed Sergio Buniac as executive vice president of Qualcomm Technologies and head of the Mobile, Compute and Personal AI Group. He will officially take up the post on Sept. 2 and oversee smartphones, personal computing, smart wearables, XR and next-generation AI devices. He previously spent more than 30 years at Motorola.

People

Shinhan Bank donates 200 million won for flood recovery and evacuee support in South Gyeongsang

Shinhan Bank said on Aug. 21 it will donate 200 million won to support recovery efforts and help displaced residents in South Gyeongsang after torrential rains hit areas including Geoje and Tongyeong. The bank previously provided 50 relief tents and emergency relief kits on Aug. 17 and said it will supply additional relief goods as needed. It is also offering financial support to affected individuals and business owners.