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Crypto
Lucentblock calls for additional licences for fractional investment distribution, weighs legal action
Heo Se-young (허세영), CEO of Lucentblock, called on South Korea\'s financial authorities to grant additional licences for over-the-counter brokerage in fractional investment distribution. He questioned the process by which the Financial Services Commission limited licences to a maximum of two and urged greater disclosure of the basis for the cap. He also raised concerns over how regulatory sandbox businesses are incorporated into formal rules. He said the firm could consider legal action if additional licensing is delayed.
AI & Enterprise
Rableup to list on KOSDAQ on Nov. 3
AI infrastructure management and operations software firm Rableup will list on South Korea\'s KOSDAQ market on Nov. 3. The company set its IPO price at 19,000 won, with a total offering size of 41.4 billion won, after completing demand forecasting and subscriptions. Rableup said 1,129 institutions joined the bookbuilding, posting a competition ratio of 284.53 to 1. It plans to use proceeds for R&D and overseas expansion.
AI & Enterprise
Bespin Global wins Oracle Partner Award citing Samsung Securities AI-ready data platform
Bespin Global said on Oct. 27 it won the APAC Data Platform Breakthrough category at the 2026 Oracle Partner Awards for an AI-ready data platform built on Oracle Autonomous AI Database that reflects financial sector requirements for data sovereignty and security. The company said its Samsung Securities AI-ready data platform project served as a key reference. The project focused on expanding data for AI use while securing high levels of security, stability and data sovereignty.
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AI & Enterprise
Red Hat wraps up Red Hat Summit: Connect Seoul 2026
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Games & Commerce
Nvidia\'s 1.5 trillion won investment nears, putting Naver AI Factory to test
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AI & Enterprise
Why Xpeng has high employee satisfaction as Forbes highlights AI and corporate culture
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Mobility
Tesla ties up with Turo to expand access to FSD subscriptions
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Finance
Deutsche Bank cuts corporate loan screening time with AI from weeks to minutes
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Finance
iM Bank DC pension one-year return 23.12 percent tops banks
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Finance
Toss Bank, Gwangju Bank to cooperate on SME lending with non-face-to-face joint loans
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Finance
Hana Bank to expand bespoke services for ultra high net worth clients with Banyan Tree Seoul
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Industry
Unitree shares surge over 60% since mid-October after JPMorgan upgrade
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Industry
Used Chinese EVs pour into Europe as tariff detour
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Finance
KB Kookmin Bank confirms 2,091 more victims in data leak, total 2,210
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Crypto
Keystone Shopify store breach leaks customer data for hardware wallet maker
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AI & Enterprise
KTcs supplies HiQri AICC platform to Daiso customer service center
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Telecommunications & Media
LG Uplus secures 6.1 million U+one users with AI and content push
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Telecommunications & Media
Apple acknowledges iPhone Duo inner screen breakage, offers replacements