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Finance

Shinhan Bank expands Ddaenggyeoyo service through public delivery app cooperation with Incheon

Shinhan Bank said on Tuesday it signed a business agreement with Incheon to operate Ddaenggyeoyo under a public-private partnership public delivery app. The bank plans to link local merchants and customers and improve the environment for using local currency to support the regional economy. The platform offers low brokerage fees of around 2 percent, fast settlement and discount benefits. It will add Incheon local currency payments and provide up to 200,000 won to new merchants, along with related promotions and products.

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

Payple revamps wallet, introduces AI briefing cards

Payple said on Tuesday it has revamped Payple Wallet, an asset management service for small business owners and online sellers, and introduced an AI briefing card feature that offers customised sales strategies. The update focuses on suggesting sales directions based on collected data and includes functions aimed at reducing the burden of using data for operators of delivery apps and Smart Store. It also strengthens integrated views of sales and spending to estimate net profit.