South Korea

AmEx, Ascenda to introduce credit card loyalty programme in South Korea

American Express (AmEx) and loyalty management firm Ascendahave teamed up to introduce a credit card loyalty programme for banks in…

Alipay rolls out mobile tax refund service in South Korea

Alipay, a mobile payment platform operated by Ant Financial Services Group, has joined forces with tax refund agency Global Tax…

Western Union partners kakaobank for digital remittances

Cross-border remittance services provider Western Union Company has signed an agreement with South Korean lender kakaobank to support digital money…

Currencycloud launches remittance service in South Korea

International payment platform Currencycloud has launched remittance service in South Korea following its partnership with credit card company Hyundai Card.…

WorldRemit rolls out digital remittance services to South Korea

UK-based WorldRemit has expanded its global reach by launching its digital money transfer services to South Korea. The service will…

South Korean financial regulator bans ICOs

South Korea’s Financial Services Commission (FSC) has banned raising money through initial coin offerings (ICOs) in a bid to mitigate…

Hong Kong, South Korea regulators issue warning on ICOs

The governments of Hong Kong and South Korea have decided to strengthen regulatory oversight of digital currencies in a bid…

Paycock signs MoU with Russian financial IT firm AEB IT

Paycock, a member company of K-ICT Born2Global Centre in South Korea, has inked an MoU with AEB IT, a Russian…