Search results for Bonanza Factory
Crypto
KBank adopts blockchain transaction analysis solution to strengthen digital asset AML
KBank is strengthening its blockchain transaction analysis capabilities and anti-money laundering (AML) framework to prepare for the institutionalisation of digital assets, including stablecoins. The bank said it has adopted TranSight, a blockchain transaction analysis solution from blockchain compliance specialist Bonanza Factory. TranSight analyses wallet addresses and transaction flows to assess risks linked to money laundering and other financial crimes. KBank said it plans to further upgrade on-chain monitoring, AML and risk management, and expand cooperation and technical verification with global financial institutions.
Finance
P2P lenders gain momentum as rules ease; financial CEO appointments gather pace
Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.
Crypto
Kakao group expands digital asset ties with Grab, SCBX and others
Kakao group is expanding cooperation with domestic and overseas platform, financial and digital asset companies to build a won stablecoin ecosystem. Kakao, KakaoBank and KakaoPay signed MOUs with firms including Grab, SCBX, Kyobo Life Insurance and Bonanza Factory. The group is preparing collaboration across issuance, distribution, payments and remittances. It is also pursuing partnerships with Circle Internet Group and Fireblocks to build digital asset infrastructure.