09/14/2020

Fintechs, banks battle for market share

Fintechs are firms disrupting the conventional banking model by using technology to make financial operations easier, faster and more accessible to businesses, institutions, and the general public at large (customers).

09/13/2020

What is SC Group chief up to in Korea?

He will meet with the lender's CEO on Thursday, at the bank's Pangyo headquarters in Seongnam, Gyeonggi Province, where a cluster of IT startups is located. Yoon set up the lender from scratch, leading the taskforce for Kakao Bank's launch.

09/11/2020

Open finance: Open for new services

The term “open banking” does little to promote the benefits of an open ecosystem for banking customers; after all, customers should not only be able to access all their accounts via a single application, but also use third-party services.