KoreaTimes(231) - Economic Essay Contest, Finance, page 5

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Finance

Economic Essay Contest

Tue, April 20, 2021 | 22:59

Fintech incorporation essential for banks' growth

With technology progressing far beyond what could have ever been imagined in the past, traditional industries have to reevaluate the way they conduct business in order to survive in an ever-changing landscape. The banking industry is no exception; with digitalization changing the way people handle their monetary assets, payments, transfers and loan issuances are now only a sm...

2015-11-09 18:14

Winners of 11th English Economic Essay Contest

The Korea Times is pleased to announce the winners of the 11th English Essay Contest for university students on two subjects related to the ways to enhance competitiveness of Korean banks and to apply financial technology to financial services - one for foreign students and the other for domestic students.

2015-10-29 22:03

[Commendation Award] Expand business horizon with mergers, acquisitions

The financial sector in Korea is lacking major players comparable to Hyundai and Samsung in the automotive and electronics industries. Korea’s financial institutions are mostly focused on domestic and Asian markets and not enough on international ones.

2014-11-18 15:43

[Commendation Award] Investment, outsourcing to help guard cyber borders

Even when the world seems calm and serene on the cover, the tapping of keyboards never stops.

2014-11-18 15:39

[Commendation Award] Banks need to take different approaches

Attacks on information security infrastructure is evolving on a daily bases due to sophisticated methods being adopted by cyber criminals. Korean banks have to take on different approaches to safeguard their customers from losing to hackers and also retain reputation.

2014-11-18 15:37

[Runner-up Prize] Building international financial superstar

The development seen by Korea since the end of the Korean War in 1950-53 has been often repeated as the miracle on the Han River.

2014-11-18 15:32

[Grand Prize] Foreign talent to help globalize Korean banks

The financial industry is one that is not constrained by geographical boundaries. With countries becoming more open and globalised, economies are increasingly interconnected.

2014-11-18 15:30

[Grand Prize] Upgraded software security to power banks

In recent years, marked improvements have been made to upgrade banks’ online security systems or so the news media seem only too complacent to purport. Banks are hit by cyber-attacks on a daily basis, and are indeed becoming more adept at preventing relatively trifle breaches of security.

2014-11-18 15:27

Winners of 10th English Economic Essay Contest

The Korea Times is pleased to announce the winners of the 10th English Economic Essay Contest for University students on a subject related to the ways of improving Korean banks online security systems.

2014-10-22 19:31

Banks accelerating entry overseas

It must seem like the only constant in the financial services industry is the need to adapt to a changing marketplace. For clients in financial services, it's a daily battle with globalization, consolidation, and the unprecedented new frontier of electronic commerce.

2013-11-13 18:34

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