Search results for SAP Korea
Finance
P2P lenders gain momentum as rules ease; financial CEO appointments gather pace
Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.
Finance
KB Kookmin Bank teams up with SAP Korea on embedded finance to expand corporate banking
KB Kookmin Bank will work with SAP Korea to build embedded finance services that allow companies to handle financial tasks within enterprise resource planning systems. The bank said it signed a memorandum of understanding with SAP Korea in Seoul to jointly create an ERP embedded finance ecosystem. The partners plan to strengthen links with transaction banking to support corporate cash management and financial transactions. They also plan joint marketing to attract new corporate customers.
AI & Enterprise
SAP Korea, Visa partner on enterprise digital transformation, B2B payment innovation
SAP Korea said on Monday it signed a memorandum of understanding with Visa to support digital transformation for corporate customers and innovation in B2B payments. The companies plan to cooperate with South Korean firms operating global businesses or expanding overseas, as well as companies using legacy systems. They aim to link Visa\'s global payment network and corporate card products with SAP enterprise solutions during implementation and cooperate from the sales stage by jointly proposing solutions.
