Search results for Toss Bank
Finance
KOSPI enters pause as financial sector faces pressure for inclusive finance
South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.
Finance
Toss Bank launches first living expense protection account among internet-only banks
Toss Bank launched a \"Toss Bank Living Expense Protection Account\" that it said is the first among internet-only banks to protect minimum living expenses even during seizure procedures. The bank said the product supports customers and families facing financial difficulties. Up to 2.5 million won, the legal minimum monthly living expense level, is protected from seizure. Customers can open only one account across all financial institutions. The account offers a debit card, cashback and up to 30 free monthly ATM transactions.
Finance
Toss Bank wins full licence for financial investment business, eyes fund sales in second half
Toss Bank has obtained full approval to operate a financial investment business and will move into fund sales in the second half of the year. The bank said on May 14 it received the licence from South Korea’s Financial Services Commission for investment dealing and brokerage related to collective investment securities. The approval allows Toss Bank to sell publicly offered funds, and it plans to roll out fund investment services to customers within the year.
-
Finance
KOSPI nears 8,000 as AI moves into financial front lines
-
Finance
Toss Bank secures treasury receiving agent status directly linked to Bank of Korea
-
Finance
Stablecoin race for control spreads, KOSPI nears 7,000
-
Finance
Toss Bank raises rates on upfront-interest time deposit to 3.0 percent
-
Finance
Four major financial groups\' Q1 results split as AI, digital finance spread
-
Finance
Toss Bank launches 10 percent savings product for new customers
-
Finance
Capital market rules tighten as MyData programme expands
-
Crypto
Financial sector says it is ready to enter digital assets but regulatory gap is a hurdle
-
Finance
Toss Bank offers 2 percent account interest promotion for new customers
-
Finance
Toss Bank introduces SurPASS to strengthen financial fraud prevention
-
Finance
Financial innovation and bespoke finance accelerate amid Middle East risk
-
Finance
Toss Bank issues 130,000 K-Pass debit cards in first month
-
People
Toss Bank recruits retired police officers to prevent financial fraud
-
Finance
Oil and forex risks mount as South Korea steps up internet bank IT controls
-
Finance
Toss Bank launches gold savings service with NH Investment Securities