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Crypto

Bithumb staff receive Seoul police chief\'s citation for helping probe hidden crime funds

An employee of Bithumb\'s investor protection office has received a citation from the chief of the Seoul Metropolitan Police Agency for assisting investigations into hidden crime funds and supporting the return of victim assets, the company said. Bithumb said Market Surveillance Team head Oh Dae-seok supported procedures to return unreimbursed assets left in accounts tied to financial incidents. The company said it works with police and related institutions to preserve and return assets in fraud cases.

Finance

KB Kookmin Bank enables QR payments in China without local app, offers 100 percent exchange rate preference

KB Kookmin Bank has launched a service on its KB Star Banking app that lets users make QR payments at merchants in China without installing a local payment app or registering additional personal information. The bank said it introduced an overseas payment service linked to NUCC, marking the first direct connection by a South Korean financial company to China’s national payment network. It also applies a 100 percent exchange rate preference and is running a promotional event through Dec. 21.

AI & Enterprise

Younglimwon SoftLab partners with KB Kookmin Bank to link ERP and financial services

Younglimwon SoftLab said on Monday it signed an MOU with KB Kookmin Bank to link ERP and financial services, aiming to improve corporate customers’ cash management efficiency. The companies plan to integrate financial APIs and cash management service solutions within ERP so users can handle real-time treasury and banking tasks without switching to a separate finance app. They also plan to develop additional cooperation models and conduct joint marketing.