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Search results for Toss Bank

Finance

Internet-only banks to expand in-person services, allowing debt restructuring and corporate loan screening

South Korea will partly expand the scope of in-person services allowed for internet-only banks while keeping the principle of non-face-to-face operations. The Financial Services Commission approved measures to allow exceptions for consumer protection and inclusive finance, including debt restructuring support, corporate loan screening interviews, and checks for forged documents. It also allowed in-person verification tied to mortgage and jeonse loans, collateral inspections and certain administrative limits. The three internet-only banks must report plans in advance.

Finance

Toss Bank financial content views top 10 million

Toss Bank said cumulative views of financial content articles on its website have surpassed 10 million. An analysis of viewing data showed customers mainly searched for finance information closely linked to daily life, including asset building, livelihood support and investment information. Interest was strong in policy financial products and support information, including youth-related products and payments such as high fuel price relief. The top five articles averaged 255,000 views.

Crypto

Financial sector \'digital asset alliance\' spreads as firms build infrastructure ahead of regulation

As debate continues in South Korea over regulating digital assets, financial firms are accelerating efforts to secure related infrastructure. Banks, securities firms and asset managers are moving beyond investment and cooperation with exchanges to widen ties with global blockchain foundations, real-world asset companies and token securities platforms. Industry participants are signing partnerships and making equity investments, while firms also examine stablecoin, tokenisation and distributed-ledger infrastructure as they prepare for competition after formal rules are set.