Search results for PG
Finance
Korean financial groups post third-quarter results as stock market outlook hits zero visibility
Korean financial holding firms and banks continued to release third-quarter results, with Woori Bank posting its biggest quarterly net profit on record and Hana Financial Group lifting year-to-date profit on higher fee income. Brokerages faced weakening profitability as trading value fell and market rates rose, adding valuation loss pressure in trading. The Bank of Korea held its policy rate at 3.00 percent, while competition in retirement pensions and expanded support for small firms continued.
Finance
FSC to tighten real estate lending limits for specialised credit firms, mandate PG payment risk checks
South Korea’s Financial Services Commission is seeking to strengthen rules on real estate lending by specialised credit finance companies such as card and capital firms, and to require card companies to regularly check payment risks at payment gateway operators. The plan introduces new sector limits for real estate and construction lending, and caps combined exposure with real estate PF loans. It also eases limits on rental business handling while keeping a ban on entering the short-term rental market.
Finance
FSC to urgently check payment gateway security risks, including indirect attacks via merchants
South Korea\'s financial authorities carried out an urgent check of security vulnerabilities and incident response systems at payment gateway (PG) firms amid a series of recent breaches. They discussed expanding oversight beyond PG systems to include indirect attacks via merchants with weaker security. The meeting also reviewed ways to minimise personal data processed by PG firms and strengthen information sharing with card companies, consumer notifications, card reissuance and full compensation for 피해.
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Finance
Toss Payments says not a system hack as 4,131 transactions viewed at one merchant
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Finance
Toss Payments signs strategic MOU with Visa to boost payment competitiveness at home and abroad
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Crypto
Danal to pursue stablecoin payments with VASP INX
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Games & Commerce
OneStore launches global app marketplace in 122 countries, secures about 1,000 titles
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Crypto
Danal joins global Open USD stablecoin ecosystem
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Games & Commerce
Cafe24 sees data as core of its AI shopping mall vision
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Games & Commerce
Game industry expands in-house payment networks to cut fees and reach users directly
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Industry
SKC Q2 operating loss of 14.4 billion won narrows 79 percent year-on-year
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Crypto
Danal joins science ministry project to expand deposit token payment infrastructure
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Crypto
NHN KCP handles stablecoin payments in about 1 second, adds cross-border remittance model
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Crypto
KB Kookmin Bank joins deposit token-based payment infrastructure expansion project
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Finance
Korea Fintech Industry Association, FSS check payment risks and internal controls at electronic financial firms
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Mobility
Waymo service disrupted by San Francisco power outage, highway routes also suspended
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Finance
PG industry moves to jointly counter fraudulent payments to close gap missed by banks\' FDS