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Finance

Danal posts 115.4 billion won first-half revenue, eyes global payments and stablecoin expansion

Danal said in a filing on Thursday it posted first-half revenue of 115.4 billion won and operating profit of 3.0 billion won on a consolidated basis. On a separate basis, it reported revenue of 92.8 billion won and operating profit of 6.9 billion won. The company expanded its payments business, increased transactions in retail, culture and leisure, and continued investment in new businesses including stablecoins and a foreigner payment platform.

Finance

Fintech posts record results as payment touchpoints expand, signs of loan curb easing

Major fintech firms posted strong first-half results as growth in payments and financial services lifted revenue and profit, with overseas payments and new businesses also expanding. Payment companies are widening links into daily life through merchants, local currencies and transport, while firms bundle payments with other services. As businesses grow, demands for soundness management rise. Separately, there are signs of partial adjustments to loan regulations, while bank lending volume controls continue.

Industry

Samsung Electronics to support paperless train tickets on Samsung Wallet

Samsung Electronics will work with Korail to expand the use of mobile train tickets in South Korea. From Aug. 10, customers who buy tickets at Korail station counters and pay through Samsung Wallet will have a mobile boarding pass added automatically. Tickets issued through the Korail+ integrated app can also be added using an Add to Wallet feature. From September, tickets for services will also be supported, and refunds can be processed within Samsung Wallet.