Reporter Kim Bo-eun Page 3

The Korea Times

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Reporter : Kim Bo-eun

Fri, July 3, 2020 | 04:23

Safety of fintech services questioned

Payments made via financial services platform Toss using stolen data earlier this month have placed the fintech unicorn in the hot seat. Toss has stated this was not a cybersecurity breach, but concerns are rising over the platform's ability to detect suspicious transactions, resulting in customers leaving the company.

Non-banks | 2020-06-09 17:20

Firms urged to pursue M&As amid pandemic crisis

Businesses are increasingly reviewing diversifying their supply chains after experiencing how heavy dependency on one region can wreak havoc in the wake of unexpected events, in particular the global COVID-19 crisis. Because it is difficult to give up manufacturing facilities in China, considering their existing presence and labor costs, many are seeking to secure new vendors...

Economy | 2020-06-09 17:20

[Reporter's notebook] FSS chief losing ground?

The Financial Supervisory Service (FSS) was once regarded as the absolute authority over financial firms.

Non-banks | 2020-06-07 17:02

IT giants looming over finance industry

Financial firms are keeping a keen eye on IT giants Naver and Kakao that are continuing to expand into the financial services industry. The tech companies hold immense potential, as they are able to provide innovative services based on their tech capabilities and have access to massive pools of data from e-commerce transactions.

Non-banks | 2020-06-07 17:02

Hana Financial launches digital training program

Hana Financial Group said Sunday it has launched an intensive digital training program intended on upgrading digital capabilities of the group to offer better services.

Banks | 2020-06-07 15:55

Finance sector embracing casual dress code

The finance sector has long been associated with sharp suits and a strict hierarchy, but more firms and institutions are joining the move to break down this stereotype.

Banks | 2020-06-05 09:31

'Asian companies should invest in IT, pharmaceuticals'

Companies in Asia have lagged behind the rest of the world in terms of profits, but if they take COVID-19 as an opportunity, they will be able to see significant growth, a report from global consulting firm McKinsey & Company's research arm stated Thursday.

Economy | 2020-06-04 16:59

Online wealth management service

A wealth manager, front, and a tax accountant of Kyobo Life Insurance's wealth management center, provide online consulting services for customers at the insurer's headquarters in central Seoul, Thursday. Kyobo said it began the online wealth management services in line with the growing trend of contactless transactions and services amid the COVID-19 pandemic. / Courtesy of K...

Non-banks | 2020-06-04 16:59

New FSS senior deputy governors appointed

The Financial Services Commission (FSC) appointed a new first senior deputy governor at the Financial Supervisory Service (FSS), Thursday, and two more senior deputy governors under him.

Non-banks | 2020-06-04 16:58

Kim to lead KIEP in pandemic era

Kim Heung-chong, an expert on the European region and free trade agreements (FTAs), has been appointed to lead the Korea Institute for International Economic Policy (KIEP) in the changing global environment amid the COVID-19 pandemic.

Policies | 2020-06-04 15:28

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