SEOUL, Oct. 25 (Korea Bizwire) – An increasing number of global companies try to jump on the “Fintech” bandwagon. Fintech, a compound word between finance and technology, encompasses services such as mobile payment, mobile money transfer, crowd funding and the like. Investment volume on fintech skyrocketed by three-folds only in five years. According to management [...]
SEOUL, Oct. 17 (Korea Bizwire) – Korean e-commerce market is continually evolving. As the nation’s B2C e-commerce market appears saturated, major players are beginning to eye B2B market and in particular, a chance to tap maintenance, repair, operations (MROs) for SMEs which is estimated to be valued at about 25 trillion won — in terms of MROs [...]
![[Quote] Regulations on Electronic Financial Service Market to Be Eased](http://koreabizwire.com/wp/wp-content/uploads/2014/10/mobile-payment_kobizmedia_KoreaBizwire-800x728.jpg "[Quote] Regulations on Electronic Financial Service Market to Be Eased")
“If the limitation on the amount of money received through Bank Wallet Kakao is due to the national regulation, I’ll try my best to lift it.” “It is expected that the future e-commerce industry is going to be led by non-financial companies. Therefore, the tight regulations on electronic financial transactions must be eased.” “Security programs [...]
SEOUL, Sep. 24 (Korea Bizwire) — KakaoTalk, a multi-platform mobile messenger application company in South Korea, announced on September 23 that more than 500,000 users have joined its new mobile payment service KakaoPay only in 19 days right after the launch on September 5. Indicating an upward surge in the newly launched mobile payment solution, [...]
SEOUL, Sep. 23 (Korea Bizwire) — Competition between e-commerce payment service providers is dramatically increasing as KakaoTalk, a multi-platform texting application provider, launched its new mobile payment service KakaoPay. According to the leading app company on September 21, more than 130,000 users have joined the service only in about 20 days right after the launch. [...]
AMERSFOORT, Netherlands, Sept. 22 (Korea Bizwire) – Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Detailresult Group, a leading retail conglomerate in the Netherlands, has outsourced its B2B messaging and archiving operations to Descartes to increase productivity and reduce costs. Detailresult relies on an ecosystem of over one [...]
SEOUL, Sep. 20 (Korea Bizwire) – Aladin, an online bookstore in Korea, launched a new type of e-commerce payment service for its website on September 17. Even though the book seller on the Internet has already attempted to introduce the new system in 2009 and again in 2013, it failed to do so since domestic [...]
SEOUL, Sept. 17 (Korea Bizwire) – Among Korean preparatory entrepreneurs who plan to build a start-up overseas, eBay was selected as the most favorable online distribution channel. According to Teranova Korea, overseas start-up consultant agency which conducted a survey interviewing 910 preparatory entrepreneurs, 37 percent of the respondents picked eBay as the preferable channel for overseas [...]
COLOGNE, GERMANY, Sep 8 (Korea Bizwire) – The official dmexco App is being launched just in time to coincide with dmexco 2014. With its optimized App version, dmexco is once again offering a complete range of mobile support features that will make a visit to the biggest top-class show in the global digital marketing industry [...]
SEOUL, Sept. 6 (Korea Bizwire) – NHN Entertainment took the first step to enter the e-commerce market in Korea. The game company announced on September 4 that it would purchase 5.1 million shares of Korea Cyber Payment at the cost of 64.19 billion won, or about US$62.7 million. After its paid-in capital increase, the Korean game publisher [...]