Search results for AI transfer
Finance
Deposit tokens push into payment networks, accelerate capital market overhaul
Deposit-token trials are spreading from payment gateways and merchant networks to cross-border payments, shifting the commercialisation race from issuance to where tokens can be used. Payment and settlement at the same time could cut small merchants’ fees and settlement periods. Inclusive finance is expanding by borrower type as banks tailor products and fintechs support fees. Regulators are weighing tighter limits on single-stock leveraged products. Market reforms also tighten scrutiny of duplicate listings and low-PBR firms.
Finance
K Bank launches \'AI transfer\' for sentence- and voice-based remittances
K Bank is launching an \"AI transfer\" service that lets customers send money by typing sentences or giving voice commands. The bank said AI analyses what users type or say, finds the recipient account and sets up the transfer screen, allowing transfers without entering account numbers or checking recent transactions. Users can register frequent accounts with nicknames. The service can also recommend amounts based on relationships and situations. Final transfers require user confirmation.
Finance
KakaoBank conversational AI users top 5 million after one year
KakaoBank said on Tuesday users of its conversational AI service surpassed 5 million a year after its launch. The service reached 1 million users within 3 months, 2 million within 6 months and 3 million within 8 months, before exceeding 5 million recently. KakaoBank upgraded its AI system and added investment and card-benefit search features. The company plans to expand AI use across staff work and customer services and strengthen personalized conversations later this year.