Search results for Kakao Bank
Finance
Korea Investment Securities expands BanKIS new customer benefits
Korea Investment Securities will expand benefits for new customers using its non-face-to-face account opening service BanKIS, including an investment credit. From August, first-time BanKIS account openers will receive 20,000 won that can be used to buy domestic shares, in addition to the existing offer of two shares randomly selected from KOSPI200 constituents. The benefit also applies to accounts opened through partner platforms.
Finance
Big Tech expands territory beyond payments into financial infrastructure
Fintech and Big Tech firms are expanding financial services beyond payments and transfers into identity verification, offline payments, venture capital and corporate finance. Toss, Kakao Pay and Naver Pay can use a government network to verify resident registration cards, strengthening non-face-to-face checks and fraud prevention. Naver Pay launched Npay Startup with the Financial Supervisory Service. Kakao Pay Securities secured an investment dealing licence. Financial groups are revamping second-half strategies as household lending rises and regulators review IT controls and network separation rules.
Games & Commerce
Kakao steps up AI shift under Jeong Shin-a second term; key test is proving monetisation
Kakao is accelerating its shift to artificial intelligence in the second term of CEO Jeong Shin-a, after a first phase focused on restructuring affiliates and governance. The company is redefining KakaoTalk as an AI-based execution platform and expanding external partnerships and global business initiatives. Kakao has set targets for revenue growth and profitability and plans shareholder returns. Investors remain focused on when and how AI monetisation will show up in earnings.