Search results for overseas remittances
Finance
K Bank joins hands with Ripple to start verifying blockchain remittances
K Bank is working with global blockchain company Ripple to verify overseas remittance technology. The bank said on April 27 it has signed a strategic partnership with Ripple and is conducting a blockchain-based remittance proof of concept. The partners plan to test whether Ripple’s global network and blockchain infrastructure can improve remittance speed, cost and transparency. The verification is proceeding in stages, including tests of on-chain transfers to the UAE and Thailand.
Finance
Toss steps up financial fraud prevention training for foreigners with Seoul Global Center
Viva Republica, the operator of Toss, said on April 27 it held financial education for foreign students at Seoul Women\'s University in cooperation with the Seoul Global Center. It said the programme was the first joint initiative proposed by the city-run foreign resident support agency, as financial fraud targeting foreign students has increased. The training covered major scam types, response steps, and safe use of services such as currency exchange and remittances.
Finance
Capital markets shift to digital as speakers discuss integration with green finance
A seminar in Seoul discussed strategies to integrate digital capital markets with green digital finance as the spread of digital assets accelerates changes across capital-market issuance, distribution, payments and custody. The event, co-hosted by the Korea Fintech Industry Association and Yonsei University’s Graduate School of Environmental Finance, examined domestic policy tasks and directions for Asian cooperation. Speakers addressed token securities, stablecoins, carbon-credit digitisation and blockchain-based infrastructure.
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Finance
Financial innovation and bespoke finance accelerate amid Middle East risk
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Crypto
Circle CEO says it is watching South Korea stablecoin market, would consider entering if rules open
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Finance
KB Kookmin Bank to handle National Police Agency foreign exchange stabilisation fund remittances
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Finance
KakaoBank steps up AI and global expansion, adding payments, investments and stablecoins
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Finance
Shinhan Bank expands Sunday branches in Daegu and Busan to boost foreigners\' access to finance
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Crypto
KB Financial to meet Circle CEO to expand stablecoin cooperation
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Finance
KB Kookmin Bank strengthens financial support for exporters and importers
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Finance
Toss launches \'Toss Foreigner Bridge Crew\' marketing competition
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Finance
Hecto Financial secures all foreign exchange licenses, completes global FX platform
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Finance
Hanpass seeks first overseas remittances IPO amid Middle East uncertainty
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Finance
NH NongHyup Bank signs contract to handle overseas remittances for military pensions
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Finance
Korea Fintech Industry Association launches under Kim Jong-hyun amid regulatory risks
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Finance
Toss Bank offers overseas remittance customers fee waiver and 50,000 won cashback promotion
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Finance
K Bank waives fees for first-time overseas remittance users
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Finance
K Bank to list on KOSPI in March to expand from SMEs to digital assets