Search results for Face Pay
Finance
Toss to roll out Face Pay at Hyundai specialist Bluehands shops
Viva Republica, which operates Toss, is expanding its offline payment touchpoints into repeat-visit daily services such as auto maintenance to speed up the rollout of Face Pay. Toss said on May 28 it signed an MOU with the Hyundai Maintenance Franchise Cooperative Federation to introduce Face Pay at Hyundai specialist Bluehands shops nationwide. The partners plan phased expansion, joint marketing and customer benefits including Toss Points.
Finance
National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion
South Korea\'s National Participation Growth Fund effectively sold out on its first day of sales, with more than 87 percent of supply taken up and some online allotments closing in 10 minutes. Financial authorities are reviewing options to bring forward next year\'s supply or add more, with additional sales in the second half also discussed. Markets also saw spillover effects, while financial institutions and fintech firms moved to expand payment ecosystems and data-driven services.
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.