Search results for alternative data
Finance
South Korea\'s three internet-only banks keep mid-to-low credit loan share above 30 percent
South Korea\'s three internet-only banks kept the share of loans to mid-to-low credit borrowers in the 30 percent range in the second quarter, continuing inclusive finance. KakaoBank recorded 31.9 percent by outstanding balance and 38.4 percent by new lending, while K Bank posted 31.3 percent and Toss Bank 34.2 percent on a three-month average basis. The banks are widening access through upgraded scoring models, refinancing loans and use of alternative data.
Finance
Hana Financial appoints Lee Seung-yeol as CIFO to strengthen inclusive finance governance
Hana Financial Group said on Tuesday it will strengthen its inclusive finance execution framework by appointing Vice Chairman Lee Seung-yeol (이승열) as chief inclusive finance officer. The group said it executed more than 60 percent of its 3.1 trillion won annual inclusive finance target in the first half and will step up efforts in the second half. Plans cover youth and small business support, debtor protection and financial crime prevention, and expansion of social solidarity finance.
Fintech
Line BK Thailand customers hit 8.8 million, up 12 percent in first half
Line BK’s customer base in Thailand topped 8.8 million in the first half of 2026, up 12 percent from a year earlier, the company said on Sunday. About 931,000 customers used its loan services, up 15 percent, with loan balances of 29 billion baht, equivalent to about 1.26 trillion won. It is running a lending campaign, added a referral feature, applies its KLINE Score model, and expanded digital insurance products.
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Finance
Fintech shaken by loan curbs scrambles for new business
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Finance
Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs
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Finance
KB Kookmin Bank builds ERP-linked embedded finance, expands data-driven B2B finance
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Finance
KB Kookmin Bank launches KB Kookmin Do-yak Loan for refinancing non-bank lenders
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Finance
Stablecoin integration accelerates with credit card networks; internet banks target remittances
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Finance
PFCT targets Vietnam finance market with alternative data-based AI credit scoring