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Telecommunications & Media

LG Uplus boosts \'Uplus Two Plus\' Chuseok benefits, invites long-term customers to Hwadam Forest

LG Uplus is expanding shopping, outings and dining benefits under its \'Uplus Two Plus\' membership programme for Chuseok, it said on Sept. 7. The September package includes 53 partner offers and adds three new partners. Discounts and coupons will be available for grocery shopping and family leisure during the holiday period. The company will also invite 5,000 long-term customers to Hwadam Forest in Gwangju, Gyeonggi province, on Oct. 19.

Finance

Race to pre-empt won stablecoin as third financial hub nears

South Korea\'s financial authorities raised their target for household loan growth this year and NH Nonghyup Bank resumed variable-rate mortgage lending, drawing attention to whether mortgage hurdles will fall across the sector. COFIX rose for a fourth month, increasing borrowers\' interest burdens. Financial support for mid-to-low credit borrowers and small businesses is spreading, while the government and regulators advance plans tied to regional finance hubs and debate over a won stablecoin shifts toward payment, distribution and custody infrastructure.

Fintech

NH NongHyup Bank introduces Incheon Airport Smart Pass on NH AllOne Bank app

NH NongHyup Bank has introduced Incheon International Airport\'s Smart Pass service on its mobile app, NH AllOne Bank. The bank said on Aug. 21 the service can simplify departure procedures for airport users. Smart Pass allows departing passengers to verify their identity through facial recognition at departure halls and boarding gates after registering passport and boarding pass information in advance. The bank will also run an event from Aug. 26.