financial technology Archives

S. Korea Vows Regulatory Reforms to Boost Fintech

SEOUL, Mar. 29 (Korea Bizwire) — There is at least one industry in South Korea where hardly a day goes by without financial authorities mentioning deregulation: financial technology, or fintech. Since the National Assembly passed bills last September on a “regulatory sandbox,” in which fintech firms are allowed to experiment under amicable regulations, state regulators [...]

S. Korea and France to Bolster Fintech Cooperation

SEOUL, May 30 (Korea Bizwire) – South Korea, aiming to become the hub of Asia’s financial technology (fintech) sector, signed a memorandum of understanding with France on Monday. The agreement included sharing related information and supporting each other’s fintech firms. A partnership with France, a core player in the eurozone economy, is seen as offering [...]