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Finance
Naver Pay, Kakao Pay begin applications for second-round high oil price relief funds
Naver Pay and Kakao Pay have started accepting applications for the second round of high oil price relief funds. The programme targets 70 percent of the population and runs from May 18 to July 3. Naver Pay linked the process to Naver Search and maps and allows benefits to be received as Npay points, money or a prepaid money card. Kakao Pay enables applications via KakaoTalk and supports multiple payment methods. Both are running applicant events.
Crypto
New book says stablecoins redesign financial infrastructure
A new book co-authored by Park Jae-hyun (박재현), head of Nun21, and Park Ji-su (박지수), head of Suho.io, has been published by Hanbit Media. The authors redefine stablecoins as a core layer integrating money, payments, settlement and credit, rather than a cryptocurrency investment tool. The book analyses how KRW stablecoins could reshape banks, payments and an AI agent economy from technical, legal and financial perspectives.
AI & Enterprise
Only 3 in 10 South Koreans use AI in consumer life, regional gaps also seen
Most consumers in South Korea say they are aware of artificial intelligence, but only about 3 in 10 use it in daily life or work, an analysis showed. The Korea Consumer Agency found 86.8% of respondents said they know AI, while 32.3% said they make important use of generative AI in consumption and work. AI purchase experience reached 75.3%, with lower use and purchase rates in Honam.
