Efforts to link stablecoins with established card networks are picking up pace, with Visa’s annualised stablecoin settlement volume at $4.5 billion and growing monthly. Korean internet banks are active around overseas remittances. Analysts expect the four biggest financial holding groups to post a combined 18.33 trillion won in annual net profit, up 12 percent. Financial firms also announced AI transformation programmes, fintech partnerships, listings and governance reforms, alongside legal changes for tokenised securities.

Woori Financial Group said it held a launch event on Jan. 15 at its Dinolab Gangnam Center in southern Seoul for the seventh cohort of Dinolab Seoul. The open innovation program selects startups with innovative technology to support future growth engines and productive financial support. Seven companies were chosen, spanning AI fintech, mobility, legaltech and insurtech. Major affiliates joined the selection process, focusing on business viability and investment potential.