Tag: South Korea

Last week, the South Korean government selected life insurance company, Kyobo Life, to pioneer blockchain technology. Read more: www.crowdfundinsider.com

Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition. Read more: www.finextra.com

South Korea's LG Electronics Inc said on Wednesday it will launch a new mobile payments service in its home country in June. Read more: www.reuters.com

Viva Republic has picked up $48m in Series C round led by Goodwater Capital that also saw participation from PayPal Holdings. Read more: www.fintechroundup.com

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay. Read more: www.fintechroundup.com

Non-financial technology companies with a growing expertise in FinTech will play a bigger role in shaping South Korea’s financial industry, says its central bank. Read more: www.cryptocoinsnews.com

In South Korea, financial regulators have launched a digital currency task force to focus on regulatory parameters for bitcoin exchanges. Read more: www.cryptocoinsnews.com

Bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has opened shop to users in Japan and the Republic of Korea. Read more: www.cryptocoinsnews.com

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss. Read more: www.fintechroundup.com

South Korea is launching an "open platform" to assist financial institutions in developing financial technology. Read more: english.yonhapnews.co.kr