Finance
MOIS to provide online household move-in data to Toss Bank, first for internet-only banks
South Korea\'s Ministry of the Interior and Safety will provide Toss Bank with online access to household move-in data from Sept. 17, the first such link-up for an internet-only bank. The data will allow the bank to check required information in real time during reviews for rental deposit loans without customers submitting separate documents. The ministry expects the online link to cut review times from 5 days to 4 days or more and help prevent real estate loan fraud.
