| Mobile Web

Search results for special bonds

Finance

Big Tech expands territory beyond payments into financial infrastructure

Fintech and Big Tech firms are expanding financial services beyond payments and transfers into identity verification, offline payments, venture capital and corporate finance. Toss, Kakao Pay and Naver Pay can use a government network to verify resident registration cards, strengthening non-face-to-face checks and fraud prevention. Naver Pay launched Npay Startup with the Financial Supervisory Service. Kakao Pay Securities secured an investment dealing licence. Financial groups are revamping second-half strategies as household lending rises and regulators review IT controls and network separation rules.

Finance

Foreigners sell more than 100 trillion won of South Korean stocks this year, net sellers for fifth month

Foreign investors net sold 47.0 trillion won of South Korean listed shares in May, extending net selling to five consecutive months, the Financial Supervisory Service said on Thursday. Net selling in the January to May period totalled 114.2 trillion won. Despite the heavy sales, foreigners’ holdings rose to 2,852.3 trillion won at end-May, and their share of total market capitalisation hit a record 35.3 percent as prices of heavily held stocks climbed.

Finance

Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs

Hana Financial Group is rolling out an inclusive finance roadmap that includes early execution of a total 3 trillion won in 2026. It plans to expand mid-rate loans, write off overdue debt and introduce insurance to prevent rental fraud targeting young people. Hana Bank will launch a non-face-to-face mid-rate loan product and a new loan for small merchants. The group also plans to improve alternative credit scoring and provide support through affiliates.