Search results for GLN
Finance
Fintech posts record results as payment touchpoints expand, signs of loan curb easing
Major fintech firms posted strong first-half results as growth in payments and financial services lifted revenue and profit, with overseas payments and new businesses also expanding. Payment companies are widening links into daily life through merchants, local currencies and transport, while firms bundle payments with other services. As businesses grow, demands for soundness management rise. Separately, there are signs of partial adjustments to loan regulations, while bank lending volume controls continue.
Finance
GLN International links with SeoulPay, expands QR payment merchants to 1.5 million
GLN International, a unit of Hana Bank, will link with SeoulPay to expand the number of domestic QR payment merchants available to foreign tourists visiting South Korea to about 1.5 million. GLN said it partnered with Coocon, the operator of SeoulPay, adding 500,000 small-business merchants in Seoul to its QR payment network. The service area will expand to Seoul alley commercial districts including Myeongdong and Seongsu.
Finance
Hana Bank expands cooperation in Vietnam, targets infrastructure finance and QR payments
Hana Bank said it signed a memorandum of understanding in Hanoi to strengthen cooperation on infrastructure projects in Vietnam and overseas. The agreement, involving Vietnam Joint Stock Commercial Bank for Investment and Development and Korea Overseas Infrastructure & Urban Development Corporation, aims to pursue joint projects in infrastructure, energy and urban development. Hana Bank also launched a cross-border QR payment service with its unit GLN, NAPAS and BIDV, enabling QR payments at major tourist destinations in Vietnam.
