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Finance
Hana Bank to sell first guaranteed performance-linked insurance in Korean banking sector
Hana Bank will begin selling a guaranteed performance-linked insurance product for individual retirement pension (IRP) customers in partnership with Mirae Asset Life Insurance. The bank said it signed a business agreement on Aug. 28 and will offer the product at branches nationwide from Sept. 1. It said this is the first time a Korean bank has sold such insurance. The product combines investment performance with guaranteed pension payments over 20 years.
Finance
Woori Bank launches budget mobile plans linked to financial transactions
Woori Bank has launched budget mobile phone plans that offer discounts on monthly bills for up to 12 months, depending on customers’ financial transaction performance such as payroll transfers or receipt of four major pensions. Through its WooriWON Mobile service, the bank introduced two WooriWON Celeb plans, 15GB+ and 71GB+. The plans include additional launch promotions, points and monthly coupons and data vouchers during the subscription period.
Industry
Samsung Electronics adds electricity bill cashback link to SmartThings
Samsung Electronics said on Tuesday it will run a two-month pilot programme, Smart Appliance Cashback, to encourage appliance use during periods of strong renewable power generation. Participants can receive 100 won per kWh, up to 300 won per hour, for using eligible appliances from 11 a.m. to 2 p.m. on weekends and public holidays. Cashback is provided via electricity bill deductions or refunds and can be linked through the SmartThings app.
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Finance
Hyundai Motor Securities overhauls IB structure focused on structured finance and corporate finance
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Crypto
DB Financial Investment joins Ethereum Korea One as main sponsor
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People
Kakao publishes 'Yellow Book' smartphone guide for people in their 60s and 70s
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Fintech
Toss Bank, FSS to pilot financial education for children in hospital schools
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Games & Commerce
Baemin revamps Baemin Club, strengthens free delivery and rewards
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Games & Commerce
Webzen unveils brand identity for new title 'Tyrant of the Defense Game: Last Stage'
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Finance
Cross ENF launches remittance and payment service for foreigners
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AI & Enterprise
Pago Networks unveils AI-driven security operations strategy
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Crypto
Bitcoin BIP-110 fork row flares; Ripple ex-CTO says premise is wrong
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Crypto
Bitcoin up 24 percent in August, strongest since 2017 despite U.S.-Iran clash
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Crypto
Ireland to exclude cryptocurrencies from tax-incentivised investment account from 2027
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Crypto
Trump Digital Gold plunges 98 percent; Real Trump Coins says it is unrelated
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Crypto
U.S. September rate hike odds at 55.5 percent; bitcoin holds $78,000 level
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Telecommunications & Media
Why blocking your digital wallet comes first if you lose your phone
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AI & Enterprise
Trump says opposing data centers will make you poor, could issue shake Ohio race