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Search results for June 3

Finance

September COFIX rises to 3.43 percent, raising pressure on floating-rate mortgage borrowers

South Korea’s COFIX, a key benchmark for banks’ floating-rate loans, rose across the board for September. The new loans-based COFIX climbed 0.25 percentage points from a month earlier to 3.43 percent, potentially increasing interest burdens for floating-rate mortgage borrowers if the rise is reflected in lending rates. The balance-based COFIX rose to 3.15 percent and the new balance-based index increased to 2.79 percent.

Telecommunications & Media

Records of passengers and crew travelling to and from Vietnam exposed, 220 million total

More than 220 million records containing passport and travel information for airline passengers and crew who travelled to and from Vietnam were exposed due to a cloud database configuration error, a report said. The data covered the period from January 2017 to April 2026 and included personal details and flight itineraries. The operator of the database was not identified. The database was blocked on June 8 after it was reported to authorities and airlines.

Crypto

Stablecoin payment card volume tops $1 billion in August, hits records for volume, transactions and users

Stablecoin-based crypto payment cards hit monthly records in August for transaction value, number of payments and users. Payment volume reached $1.076 billion, marking a second straight month above $1 billion. Payments totalled about 10.67 million and active addresses rose to more than 283,000. RedotPay led by value and transactions. Growth was notable in emerging markets, while activity remained concentrated in a few programs and the overall market stayed small.