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Finance

Cucon links Seoul Pay with Liquid Group to expand cross-border QR payments

Cucon said on June 8 it will provide a payment service linking Seoul Pay with Singapore fintech Liquid Group. The partnership allows foreign tourists to pay at Seoul-area merchants through their home payment apps, such as Liquid Pay, without separate sign-ups or additional settings. Cucon said domestic small businesses can accept various overseas simple-payment methods using existing QR codes without building separate foreign-currency systems.

Finance

Cash App unveils wand-like NFC payment tag that works without phone or card

Block\'s Cash App has unveiled a wand-like near-field communication payment tag accessory that allows users to pay by tapping, without a smartphone or card. Priced at $25, the keyring-style product is the first in a planned line of tag-based payment hardware. It works at offline stores that support Visa tap to pay after linking to a Cash App card. Users can lock or reactivate the tag via the app and get instant payment alerts.

Finance

Mitos puts financial security to the test as network separation easing begins

Single-stock leveraged ETFs and ETNs tied to Samsung Electronics and SK Hynix sharpened semiconductor concentration in South Korea\'s stock market, with first-day turnover topping 10 trillion won. Regulators warned investors about amplified losses. Financial firms also stepped up responses to AI-driven cyber threats as the emergence of high-performance AI \"Mitos\" raised concerns about more sophisticated hacking, prompting authorities to review easing and possible full removal of network separation rules.