Search results for global cash management
Finance
Shinhan Bank launches cross-currency overseas remittance for corporate clients
Shinhan Bank is launching a cross-currency overseas remittance service for corporate clients to improve convenience for overseas payments and global cash management. The service uses U.S. dollars during processing while paying recipients in local currency. It will be available at Shinhan Bank branches. The bank will support 11 currencies including the Taiwan dollar, Mexican peso, Malaysian ringgit and Philippine peso, and plans to expand to 27 currencies in July.
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.
