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Finance
KB Kookmin Bank launches \'SSG KB Bank\' with SSG.com in platform finance push
KB Kookmin Bank has launched \'SSG KB Bank\' with SSG.com, allowing users to access banking services inside the shopping app without switching to a separate app. The service is based on an innovative finance service designation that permits non-financial platforms to advertise and broker financial products. The bank also introduced dedicated products reflecting customer spending patterns, and separate services for merchants, including deposit, savings and consulting support.
Finance
Capital market rules tighten as MyData programme expands
South Korean financial authorities are accelerating efforts to tighten capital market discipline, pledging tougher action against illegal practices aimed at avoiding delisting and pushing for timely exits of so-called zombie firms. Korea Exchange will introduce rules from July to delist penny stocks and raise standards for dealing with weak companies. Regulators also plan to curb duplicate listings and tighten reviews. Some decisions, including Hong Kong ELS fines and Samsung Securities approvals, remain delayed.
Finance
Shinhan Bank expands \'Bank-in Platform\' cooperation with Douzone Bizon
Shinhan Bank said on Wednesday it has expanded cooperation with Douzone Bizon by applying its Bank-in Platform service to the WEHAGO ERP platform and newly introducing an instant payroll transfer function. The service lets corporate customers handle key financial tasks within an ERP system without logging into separate corporate online banking. The companies also plan to add more functions and offer benefits including three months of free ONE AI service and fee waivers on transfers.
