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Finance

Internet-only banks and regional banks expand joint loans to business finance

Joint lending between internet-only banks and regional banks is expanding from personal credit loans to business finance. South Korea\'s Financial Services Commission designated a joint corporate loan service by Toss Bank and Gwangju Bank as an innovative financial service, the second such case after KakaoBank and Busan Bank. The model splits screening and funding between two banks and aims to process many steps digitally. Authorities are also revising rules on in-person work for internet-only banks.

Finance

K Bank expands lifestyle and finance services, offers telecom fee cashback

K Bank has introduced two partnership services focused on everyday spending and personal finance, ranging from cutting telecom costs to searching real estate auction information. The bank launched a telecom plan comparison service offering cashback and an AI-based real estate auction search service. Users can compare 28 budget mobile plans and receive Naver Pay points after setting up automatic payments from a K Bank account. The auction service provides search and analysis features.

Finance

K Bank launches \'Game Lounge\' cash-reward app tech service

K Bank has launched a participatory app tech service that offers cash rewards for playing games and completing missions. The bank said it released \'Game Lounge\', which bundles six app tech games and can be used inside the K Bank app without installing a separate application. Users receive real-time cash rewards by clearing stages or completing missions. K Bank is also running game-specific events, including cash payouts and prizes such as Nintendo Switch2 and Naver Pay points.