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Finance
KakaoBank launches \'livelihood account\' protecting 2.5 million won a month
KakaoBank has launched a new account designed to protect minimum living expenses even in the event of seizure. The policy-linked product supports financially vulnerable groups and offers seizure protection for deposits of up to 2.5 million won per month. Customers aged 14 and older can sign up, but the account can be opened at only one financial institution. KakaoBank will provide a 2 percent base interest rate through the end of this year and will run a promotional event tied to sign-ups.
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.
Finance
Shinhan Bank launches SOL Travel check card event offering benefits at each trip stage
Shinhan Bank said on Tuesday it will run an event offering travel-stage benefits for customers of its SOL Travel check card and SOL Trip & Shop check card. The event is designed to match customers’ use flow from trip preparation to overseas payments and re-exchange after returning home. The bank will select 6,000 winners to receive prizes including mobile vouchers, reward points and coffee coupons.
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Finance
K Bank to start applications for high oil price relief payments on April 27
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Finance
K Bank to suspend services on April 19 for system update
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Finance
Woori Bank launches three financial products for T1 fans
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Finance
Hana Financial launches \'One Pick\' account and card for minors
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Finance
Baseball season returns as South Korean banks heat up \'baseball marketing\'
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Finance
Banks\' 4.9-day workweek spreads, accelerating revamp of branch operations
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Finance
K Bank launches limited ONE check card Pingu edition
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Crypto
Musk\'s X begins external beta test of X Money with 6 percent yield option
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Finance
Shinhan Bank marks second anniversary of SOL Travel check card with event
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Finance
NH NongHyup Bank opens Wirye branch of future digital unmanned outlet NH Digital Station
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Finance
Alipay global ambitions grow as K Bank gains momentum in third IPO bid
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Finance
K Bank introduces \'Everyone\'s Card\' unlimited public transport pass
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Finance
Hana Financial donates HERO check card rewards to Korea Childhood Leukemia Foundation