All posts tagged "KCIS"
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501KoreaFSC Korea to Enhance Tech Financing Performance Evaluations
The FSC will adjust the evaluation criteria it uses to assess banks' tech financing performance to promote more lending to innovative SMEs.
December 1, 2021 -
215KoreaKorea Creates Taskforce to Oversee Household Debt Management
The taskforce will explore additional measures to manage household debt-related risks and promote more responsible lending practices.
November 2, 2021 -
323Korea
Korea to Root Out Speculation in Real Estate Market
The FSC is setting up a special financial response team and new monitoring system to root out speculation in the property market.
April 10, 2021 -
430Fintech / Regtech
FSC Korea Issues ‘MyData Services’ Guidelines Ahead of August Launch
The guidelines require participating firms to ensure consumers have sufficient awareness of their privacy rights when consenting to data transfers.
February 27, 2021 -
1.4KFintech / RegtechFSC Designates Korea’s First ‘Data Specialising Institutions’
Korea Credit Information Services and the Financial Security Institute will be allowed to perform convergence of pseudonymised data originating from different financial businesses.
August 9, 2020 -
1.4KKoreaKorea Credit Bureau to Integrate Pension Payments in Credit Scores
Pension contributions data will be converged with KCB credit data using homomorphic encryption, technology which allows data analysis to be performed on encrypted data stored at different institutions.
July 19, 2020 -
1.2KFintech / Regtech
FSC Korea to Launch Open Data Infrastructure to Facilitate Innovation
A new open data system will start providing anonymised credit information of two million people as sample data in June; and next year a financial data exchange will be launched.
June 5, 2019
