South Korea
Shinhan Bank taps StoneX to cut cross-border payment costs
Shinhan Bank taps StoneX to cut cross-border payment costs
It will gain access to a network of 385 banks.
Hyundai Card's Alphabet brand unveils 11 cards with 10% category discounts
The cards offer 5% discounts on coffee, convenience stores, and public transportation.
South Korean banks to tighten household lending in Q3: BOK
Banks expect mortgage demand to decrease and corporate loans to rise.
Hyundai Card launches Alphabet Card as a standalone brand
It is a spin-off of its lifestyle credit card brand first launched in 2004.
South Korean SME lending slumps as bad loan write-offs slash June growth
Bank lending to large corporations rose slower in June, central bank data showed.
Mortgage demand lifts Korea’s household loans by $5.05b in June
Unsecured loans rose, whilst leasehold deposit loans declined.
Hyundai Card completes cross-border stablecoin transfer in 7 minutes
The proof of concept converted $20,000 to USDT and back.
Hyundai Card's Apple Pay cards find their home with teens and twenties
Nearly 7 in 10 of new applicants for the card are in this demographic.
South Korean bad loans climb as new delinquencies outpace resolutions
There were more unsecured loans and less resolved loans in April.
Why South Korea cards squeeze cash payments
GlobalData says bank access and merchant acceptance are keeping electronic transactions ahead.
Korean household loan growth triples on Seoul mortgage demand
There was an increase in housing transactions in Seoul.
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Total revenues and net income rose by 23% and 61%, respectively.
Korea bank loan growth stalls in Q1 as household lending shrinks
Corporate lending drove bank loans in Q1 2026.
Think tanks urge Bank of Korea to move from climate research to action
The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors.
Hyundai Card draws younger users to premium card lineup
Nearly 3 in 4 of its “The Orange” or e-commerce-targeted card customers are aged 20 to 39.
What will drive South Korea’s digital banking to rise 9.7% through 2030?
Usage climbed 25% over the past year as faster tools gained traction.
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