Search results for payroll transfer
Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment
South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.
Finance
KB Kookmin Bank launches Nomu365 payroll transfer event, offers up to 80,000 won
KB Kookmin Bank is running a payroll transfer event linked to the HR management platform Nomu365. The bank said on Thursday the event will run through the end of November for Nomu365 users operated by ITCEN Core. Eligible participants are 3,000 corporations and sole proprietors using Nomu365, on a first-come, first-served basis. Customers must apply in Nomu365 and complete at least two months of payroll transfers to receive up to 80,000 won.
Games & Commerce
Korea Post launches Youth Future Savings offering up to 8.0 percent interest
Korea Post will launch its Youth Future Savings product on June 22 as a new participating provider of a government policy finance programme aimed at helping young people build assets. Eligible applicants are aged 19 to 34 and meet income requirements, with some small business owners also able to join if household income criteria are met. The three-year savings plan offers a base rate of 5.0 percent, with preferential rates and an event bonus lifting the maximum to 8.0 percent.
