Search results for Cross ENF
Finance
Cross ENF, KB Kookmin Card cooperate on daily finance services for foreign residents
Fintech startup Cross ENF will work with KB Kookmin Card to build daily financial services aimed at improving financial access for foreigners living in South Korea. Cross ENF said on Aug. 11 it signed a partnership with KB Kookmin Card to lay the groundwork for such services. The two companies plan to expand access to tailored services, identify benefits for foreign residents and link digital-based daily finance infrastructure.
Finance
Cross ENF registers as issuer and manager of prepaid electronic payment instruments
Fintech startup Cross ENF has completed registration with South Korea\'s Financial Services Commission as an issuer and manager of prepaid electronic payment instruments. The company said the registration gives it electronic financial business operator status under the revised Electronic Financial Transactions Act, which strengthens user protection requirements including separate management of prepaid funds. Cross ENF plans to add top-up and payment functions to its overseas remittance service Cross and online commerce service Crossshop.
Finance
Suho I-O, Cross ENF team up to improve cross-border remittance infrastructure
Financial infrastructure company Suho I-O said on Thursday it will work with small-value overseas remittance fintech Cross ENF to build a global remittance network and advance payment systems. Suho I-O plans to combine its Ezys payment and settlement infrastructure solution with Cross ENF\'s remittance expertise to minimise operational inefficiencies such as weekend and holiday waiting times and the burden of deposits. The two companies will review payment-layer linkage options with stability as the top priority.
