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Archive by category Security & Payments

Telegram Prepares for Its Full-scale Korean Service

Telegram Prepares for Its Full-scale Korean Service

Addition and Correction: The number of downloads for a ‘cyber asylum’ in Telegram recorded about 1~1.5 million in the previous week alone, according to the local internet traffic tracking institutes like Ranky.com and other sources available. And the surge in migrating into Telegram has edged out KakaoTalk as No.1 messaging app in South Korea. SEOUL, [...]

AhnLab Is Proven to Be Best in Global Mobile Security Tests

AhnLab Is Proven to Be Best in Global Mobile Security Tests

SEOUL, Sep. 30 (Korea Bizwire) – According to AhnLab, a leading provider of integrated security solutions in South Korea, its mobile security software “V3 Mobile” ranked No. 1 among the world-class mobile security products in a global performance test to detect malware, thereby enhancing AhnLab’s global leadership in technologies for mobile security. V3 Mobile boasted the [...]

KB Kookmin-MasterCard to Introduce Virtual Card No. Scheme for Overseas Online Shoppers

KB Kookmin-MasterCard to Introduce Virtual Card No. Scheme for Overseas Online Shoppers

SEOUL, Sep. 26 (Korea Bizwire) — KB Kookmin Card will introduce a virtual credit card number scheme for those shopping in overseas retail sites such as Amazon.com. On September 25, KB Kookmin Card said that it would unveil the “SecurePay” service, in partnership with MasterCard, that would protects users from personal information theft. The service gives out a [...]

Competition Increasingly Fierce among E-commerce Payment Service Providers

Competition Increasingly Fierce among E-commerce Payment Service Providers

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. [...]

White House Cybersecurity Coordinator to Give Keynote Address at NACD Board Leadership Conference

White House Cybersecurity Coordinator to Give Keynote Address at NACD Board Leadership Conference

WASHINGTON, Sept. 11, 2014 (Korea Bizwire) – With a deep knowledge of cybersecurity programs and capabilities, Michael Daniel will share his unique insights on this increasingly relevant issue at National Association of Corporate Directors’ (NACD’s) annual Board Leadership Conference on Oct. 12-14 in Washington, D.C. As the special assistant to the president and the cybersecurity [...]

Gemalto Unveils the Most Comprehensive Hub Service to Accelerate the Roll-out of Mobile Payment and other Secure Services on Mobile

Gemalto Unveils the Most Comprehensive Hub Service to Accelerate the Roll-out of Mobile Payment and other Secure Services on Mobile

Amsterdam, Sept. 8 (Korea Bizwire) — Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today introduces its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to benefit from a single connection in order to securely deploy their value-added and [...]

NHN Entertainment’s Answer to Dwindling Profits in Game: Mobile Payment

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 [...]

LG Electronics Registers with U.S. Patent Office for Its “Guest Mode” Technology

LG Electronics Registers with U.S. Patent Office for Its “Guest Mode” Technology

SEOUL, Sept. 4 (Korea Bizwire) – “Guest Mode,” the proprietary security solution developed by LG Electronics, has been registered with the United States Patent and Trademark Office. The company has applied for patents with patent offices in the United States, Europe, and Korea since 2012. The Guest Mode technology allows a single smartphone to be used like [...]