10/05/2020

NEC acquires Switzerland’s Avaloq for $2.2bn

Each being a market leader in their own field, the combination of their shared vision, technological strengths, and global presence, will accelerate Avaloq’s long-term growth, global expansion and value creation strategy.

10/05/2020

New virtual banks hit by glitches

A Mox spokesman said e-statement services have returned to normal the same night, and the company has strengthened the accuracy of the function in the background process.

10/04/2020

Banks reinvent, strive during pandemic

Banks have taken different measures according to the severity and length of the coronavirus outbreak. In South Korea, Shinhan, Woori and KB Kookmin shortened their branch service hours in certain provinces.