Search results for overseas remittances
Crypto
Korea Fintech Industry Association discusses digital finance cooperation with Bank of England
The Korea Fintech Industry Association said it held talks with officials from the Bank of England on possible cooperation in digital assets and cross-border payments. Korean fintech companies joined the meeting to share business progress on stablecoin-based trade settlement, asset tokenisation and AI agent payments. Participants agreed institutional safeguards were needed to protect consumers and investors and to ensure payment system stability.
Finance
Financial sector hacking spreads, delays gain support for digital asset tax postponement
A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.
Games & Commerce
Kakao spells out growth strategy for subsidiaries from crypto payments to AI video
Kakao plans to link services across its finance, content and mobility affiliates to broaden its growth base, focusing on crypto payments, AI video and autonomous driving. It outlined mid- to long-term plans centered on KakaoX after a planned split, including resource allocation and data and technology ties. KakaoX targets more than 10 trillion won in revenue by 2030. Plans include stablecoin-related services, Piccoma AI video expansion, and mobility financing and logistics tied to autonomous vehicles.
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Finance
KakaoBank expands services for foreign residents, from account opening to overseas remittances
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Crypto
Stablecoins could support daily life, Japan experts say on a cashless era
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Finance
KakaoBank overseas remittances top 5 million, expands fee waivers
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Crypto
Hecto Financial joins global stablecoin OpenUSD alliance, expands payment infrastructure
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Crypto
Shinhan Bank tests stablecoin-based corporate overseas remittances for real-world use
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Crypto
MoonPay sets up Korean unit to target crypto payments market
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Finance
Hana Bank says upgraded in-house finance AI search sharply raises success rate
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Crypto
Stablecoin trading jumps 77.5 percent as crypto market halves
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AI & Enterprise
Shinhan Bank expands tailored financial services for ethnic Koreans from China
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Finance
Cross ENF launches remittance and payment service for foreigners
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Industry
Overseas Koreans in South Korea to get up to 13 percent off EMS postage
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Finance
Hecto Financial named to Asia top 30 fintechs in AFA Awards 2026
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Crypto
Digital asset alliances emerge as banks, brokerages and asset managers race to team up
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Finance
Korean banks step up push for foreign customers with dedicated products and specialised networks
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Crypto
Won-backed stablecoin success depends on real-world use and distribution networks