All posts tagged "Kakao"
-
362Fintech / RegtechBank of Korea Seeks Technology Partner to Test CBDC
The testing and simulation exercise will be conducted in two phases, the first involving the creation, issuance and redemption of a digital won.
May 26, 2021 -
288Fintech / RegtechKorea: Supervisory Power Struggle Deepens Between BOK, FSC
The BOK said it opposes the payment settlement system being used to oversee private transaction data, calling a revision bill proposed by the FSC a "Big Brother law".
February 26, 2021 -
279Fintech / RegtechFSC Korea to Allow Platform Operators Sell Insurance Products
A new framework will be introduced to allow firms like Kakao and Naver to sell digital insurance products under sandbox-like conditions.
February 11, 2021 -
531KoreaKRX Offers English Translation Service for Company Filings
KRX says its investor base will expand by allowing foreigners improved accessibility to English language disclosures of listed companies.
September 30, 2020 -
1.6KFintech / RegtechFSC Korea to Overhaul Digital Finance Regulations – Report
Mobile payment service providers will be allowed to offer deferred payment services, issue payment accounts to users, and enable larger transaction limits.
July 27, 2020 -
1.6KCapital / LiquidityKorean Regulators Approves K Bank Recapitalisation Plan
K Bank’s recapitalisation plan was halted last April, forcing Korea’s first internet-only bank to stop offering loan products. It is now looking to regain ground lost to Kakao Bank.
July 23, 2020 -
909Fintech / RegtechBOK to Boost AI Capabilities Through Kakao Partnership
Kakao Enterprise's AI technology will initially be used for task support such as taking meeting minutes, before the partnership later expands to support BOK policy-making.
June 24, 2020 -
514Fintech / Regtech
S. Korea’s KakaoPay Green-lit to Offer Brokerage Services
The FSC has granted final approval to KakaoPay allowing it to acquire Baro Investment & Securities and enter the brokerage services space.
February 10, 2020 -
1.7KFintech / Regtech
South Korea to Formally Launch Open Banking System This Month
October’s 10-bank pilot attracted over 5.5 million bank accounts with the open banking service now expanded to include eight additional banks and fintech firms.
December 2, 2019 -
589Capital / Liquidity
Capital Adequacy Deteriorates at Korean Internet-only Banks
The capital adequacy ratios of K Bank and Kakao Bank have fallen to 10.62% and 11.74%, respectively, compared 15.34% at Korea’s other institutions.
September 4, 2019
