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Games & Commerce

Musinsa Beauty says fandom IP collaborations lift transaction value up to 19-fold

Musinsa Beauty said on Tuesday it is driving growth in brand transaction value through collaborations that connect beauty brands with fandom-style intellectual property. It said it takes part directly from brand matching to content planning. A Sulwhasoo collaboration product sold out within 30 minutes, and Sulwhasoo’s May transaction value rose 261 percent from a year earlier. Other collaborations with Sellex, Laboh and influencer Tibetdongsaeng also posted gains, including a roughly 19-fold jump for The Lab by Blanc Doux.

Crypto

MiniPay launches Visa debit card, allows stablecoin payments

MiniPay, Opera's stablecoin wallet service, has launched a Visa debit card and is seeking to expand real-world use of stablecoins. Cointelegraph reported the card will be available across parts of Africa, Latin America, Southeast Asia and Europe, allowing users to pay for goods and services with stablecoins. The card runs on Gnosis Pay infrastructure and lets merchants receive local currency via the Visa network. MiniPay is built on the Celo blockchain.

AI & Enterprise

NIA, KOSA to step up cooperation on AI policy, laws and public-sector AX

South Korea's National Information Society Agency (NIA) said on Tuesday it will strengthen cooperation with the Korea AI and Software Industry Association (KOSA) on AI policy and legislation and jointly identify cooperation tasks to expand public-sector AI transformation (AX). The two organisations reviewed work supporting subordinate regulations under the Basic AI Act and an AI support desk. They also discussed linking their AX centres, cooperation on a nationwide AI capability project and support for global expansion by AI and software companies.