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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

XLA8 unveils EventCAT Docent AI multilingual exhibition guide, to run on-site trials

XLA8, an AI simultaneous interpretation and translation company, said on Wednesday it has unveiled EventCAT Docent, an AI multilingual cultural commentary platform. The service provides real-time exhibition explanations with subtitles and audio in visitors\' native languages after scanning a QR code, without installing an app or using additional devices. The company will run trials at four cultural institutions in South Korea, including Kyungpook National University Art Museum, and analyze usage patterns, translation quality and visitor satisfaction.

Games & Commerce

Kakao adds name misuse prevention feature, strengthens identity verification

Kakao said on Thursday it has introduced a \"My Name Protection\" feature that lets users directly check when their name is newly registered to a Kakao account. When enabled, the feature requires additional verification if identity authentication information under the same name is newly registered to another Kakao account. Verification is completed through approval in a KakaoTalk message or by entering a code sent to the account email.