Citi to shut retail banking business in South Korea
American banking giant Citigroup has announced that it will close its retail banking business in South Korea. The firm decided…

American banking giant Citigroup has announced that it will close its retail banking business in South Korea. The firm decided…
Standard Chartered Bank Korea (SCB Korea) has teamed up with OpenLegacy on API integration of core banking platforms. SCB Korea…
South Korean digital lender Kakao Bank made its public debut with its stocks surging roughly 80% above its IPO price.…
Solace has entered into a partnership to enhance Standard Chartered Bank Korea’s (SCB Korea) online banking platform Straight2Bank (S2B). The…
Viva Republica, the parent company of peer-to-peer payment service Toss, has raked in KRW26bn ($173m) in a new funding round…
Bank of Korea, the country’s central bank, has inked a memorandum of understanding (MoU) with Kakao Enterprise for developing its…
South Korea-based internet-only bank KakaoBank has partnered with local issuers to offer credit card service. Through the credit card service,…
BC Card, a subsidiary of South Korean telecom giant KT, has reached an agreement to acquire a 10% stake in…