Search results for CJ CGV
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.
Finance
Toss, CGV to cooperate on facial recognition payments, seek rollout at cinemas nationwide
Viva Republica, operator of South Korean fintech app Toss, will work with CJ CGV to introduce its facial recognition payment service, FacePay, at cinemas. The companies plan to allow customers to pay with facial recognition for tasks including ticketing and concession purchases without using cards or phones. They will install Toss FrontCam cameras at CGV kiosks and link payment systems. Service will start at CGV Yongsan iPark Mall before expanding nationwide.
Telecommunications & Media
KT Studio Genie, CJ CGV sign MOU for joint content procurement
KT Studio Genie said on Monday it signed a memorandum of understanding with CJ CGV to jointly procure content linking exclusive theatrical releases with distribution of additional rights. The partnership aims to expand screening opportunities for films that are difficult to release on a large scale. The companies will split roles from an early stage to reduce investment risk, with KT Studio Genie handling IPTV and OTT rights distribution and CJ CGV managing releases and marketing.