Search results for innovative finance service
Finance
Danal returns to net profit in Q1, eyes stablecoin and foreigner payments expansion
Danal said on Thursday its first-quarter consolidated revenue was 54.9 billion won and operating profit was 1.2 billion won. Net profit came to 2.4 billion won, swinging to a profit from a year earlier. The company said it maintained profitability in its existing payments business while expanding major commerce merchants and investing in new technologies such as stablecoin services and a foreigner payment platform.
Finance
KB Kookmin Bank launches \'SSG KB Bank\' with SSG.com in platform finance push
KB Kookmin Bank has launched \'SSG KB Bank\' with SSG.com, allowing users to access banking services inside the shopping app without switching to a separate app. The service is based on an innovative finance service designation that permits non-financial platforms to advertise and broker financial products. The bank also introduced dedicated products reflecting customer spending patterns, and separate services for merchants, including deposit, savings and consulting support.
Finance
Savings banks enter second round of online investment-linked investments as 20 firms added to innovative finance service
The Korea Federation of Savings Banks said 20 savings banks, including Acuon, were additionally designated for the Financial Services Commission’s online investment-linked innovative finance service and plan to start within the first quarter. The service, first designated in 2024 and launched in May 2025, has supplied about 160 billion won via six online investment firms. Delinquency stood at 0.6 percent as of end-December, it said.