Search results for Korean Bar Association
Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment
South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.
Finance
Toss Payments, Korean Bar Association partner to launch dedicated payment service for law firms
Toss Payments, the payment gateway affiliate of Viva Republica, has partnered with the Korean Bar Association to launch a members-only payment service for law firms and legal offices under the association. The service aims to expand legal-service payments beyond bank transfers and in-person payments to online and offline options. Clients can pay via links sent by text message or KakaoTalk alerts using cards or bank transfers, with phone-assisted payment also available.
Telecommunications & Media
Bamisimwi forms panel to review broadcasts for 9th local elections
The Broadcasting Media Communications Deliberation Committee on Monday approved the lineup of the election broadcast deliberation panel for the 9th nationwide local elections. The panel is a consultative body set up under the Public Official Election Act to ensure fairness in election broadcasts. Its term runs from March 24 to July 3, 30 days after election day. It will hold an appointment ceremony and first meeting after March 24 and elect a chair and deputy.
