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Finance

Non-banks

Fri, October 23, 2020 | 05:51

KB Securities' CEO Park Jeong-rim wins IDC DX Award

KB Securities' CEO Park Jeong-rim wins IDC DX Award

KB Securities Co-CEO Park Jeong-rim received an award recognizing her efforts in the brokerage's digital innovation, the company said Wednesday.

Kim Bo-eun | 2020-10-22 14:47

State-run agency provided housing guarantee for foreign owner of 42 homes

State-run agency provided housing guarantee for foreign owner of 42 homes

The Korea Housing & Urban Guarantee Corporation (HUG) has come under scrutiny for having provided a housing loan guarantee to a foreign resident who owns 42 apartments here. Data from Rep. So Byung-hoon of the Democratic Party of Korea shows the state-run housing guarantee corporation in November last year became a guarantor for a mortgage for a house in the city of Euiwang i...

Kim Bo-eun | 2020-10-16 16:48

Shinhan Card upgrades 'Face Pay' at CU convenience store

Shinhan Card upgrades 'Face Pay' at CU convenience store

Shinhan Card said Friday it has upgraded its "Face Pay" system - based on facial recognition - that operates at a CU convenience store in Seoul.

Kim Bo-eun | 2020-10-16 15:33

Will card firm CEOs serve second terms?

Will card firm CEOs serve second terms?

Attention is focusing on whether the chiefs of Shinhan, KB and Woori's card units and BC Card will serve further terms, as their current ones come to an end in December.

Kim Bo-eun | 2020-10-15 14:01

FSS to investigate Samsung Securities over merger

FSS to investigate Samsung Securities over merger

The Financial Supervisory Service (FSS) will look into Samsung Securities' alleged violations of the capital market act in its alleged involvement in the controversial merger of Samsung Group's affiliates in 2015, FSS Governor Yoon Suk-heun said Tuesday.

Kim Bo-eun | 2020-10-13 16:57

FSS in dilemma over top court's ruling supporting Samsung Life

FSS in dilemma over top court's ruling supporting Samsung Life

The Financial Supervisory Service (FSS) is in a dilemma over its plans to take action against Samsung Life Insurance over its refusal to make payments for claims on cancer insurance policies, after the top court ruled in favor of the insurer in a legal dispute on the matter.

Kim Bo-eun | 2020-10-12 17:25

Card firm battle intensifies between Samsung, KB

Card firm battle intensifies between Samsung, KB

Samsung and KB Kookmin Card are engaging in heated competition to become the No. 2 card firm after Shinhan, amid the leading company's shrinking market share.

Kim Bo-eun | 2020-10-12 17:15

Protesting gov't shortcomings in Lone Star scandal

Protesting gov't shortcomings in Lone Star scandal

Members of civic groups protest the failure of lawmakers to bring government officials involved in the Lone Star scandal to the ongoing government audit, in front of the National Assembly on Yeouido, Monday. Civic groups have protested the government's secrecy over its questionable role in the sale of Korea Exchange Bank, of which Lone Star was a stakeholder, to Hana Financia...

Kim Bo-eun | 2020-10-12 17:12

Starbucks-branded Hyundai Card coming out soon

Starbucks-branded Hyundai Card coming out soon

Hyundai Card is expected to unveil its Starbucks-branded private label credit card (PLCC) this week at the earliest.

Park Jae-hyuk | 2020-10-11 15:09

Controversy continues over Naver Pay's fee rate

Controversy continues over Naver Pay's fee rate

Naver Financial is facing continued pressure over high fee rates charged to merchants. The financial services arm of the portal giant is under increased scrutiny because the earnings of Naver Pay rose to a historical high in the first half of this year, after years of operating losses.

Kim Bo-eun | 2020-10-08 17:27

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