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Finance

Platform brokers step up push into 700 trillion won pension market

Toss Securities, KakaoPay Securities and Kiwoom Securities are stepping up efforts to win pension clients as they seek to reduce reliance on brokerage earnings tied to stock trading volume. Total assets in retirement pensions and pension savings reached 699.6 trillion won at end-2025, with pension savings funds rising sharply. Toss has launched a pension savings account, KakaoPay has built scale in pension savings and ISAs, and Kiwoom has entered retirement pensions with fee waivers and mobile ETF trading.

Finance

KB Kookmin Bank offers VAT filing support service for sole proprietors

KB Kookmin Bank is launching a service to help sole proprietors check their estimated value-added tax and complete self-filing during the VAT reporting period. The service was created through a partnership with tax platform Easy Shop. Users of the KB Star Corporate Banking app can review estimated tax, automatically organise required filing materials and proceed to Hometax filing. The bank is also running an event through July 24 with CU mobile vouchers for participants.

AI & Enterprise

ESTsoft launches AI shopping assistant with CJ Olive Young

ESTsoft said on Tuesday it will launch a kiosk-style AI shopping assistant with CJ Olive Young. The companies will first introduce it at three stores that draw many foreign visitors: Dongdaemun History and Culture Park Station, Apgujeong Central and Ewha Central. The assistant is based on ESTsoft’s real-time conversational AI avatar service, Perso Interactive, and is tailored for retail and the K-beauty market. It supports eight languages and offers personalised recommendations.