Search results for global cash management
Finance
KOSPI nears 8,000 as AI moves into financial front lines
South Korea\'s KOSPI keeps setting record highs, rising well above 7,000 and nearing the 8,000 mark as foreign buying focuses on large-cap semiconductor and AI shares. The rally is also linked to expectations for government policy and global liquidity, although several factors are seen as potential volatility risks. Investor money is shifting into policy funds, ETFs and tax-saving accounts, while banks expand corporate finance and strategic tie-ups. AI adoption is spreading across financial services.
Finance
Webcash, Shinhan Bank to cooperate on global cash management services
Webcash said on Thursday it signed a memorandum of understanding with Shinhan Bank to build and upgrade integrated global cash management services for corporate customers expanding overseas. The two plan to jointly 추진 a global integrated cash management service that helps overseas expansion companies systematically manage funds at home and abroad. They will cooperate on launching partnership services, introducing tailored services, joint marketing and identifying tasks to upgrade services based on a global network.
Crypto
Hana Financial, Dunamu and POSCO International to cooperate on blockchain overseas remittances
Hana Financial Group, Dunamu and POSCO International signed a three-way memorandum of understanding on April 29 to develop an overseas remittance service by combining finance, industry and digital assets. The partners aim to develop a blockchain-based real-time overseas remittance service and verify its effectiveness in an environment where funds actually move. They plan cooperation on building the service, improving efficiency in global cash management and payments, and identifying digital finance business opportunities.