SEOUL, June 19 (Korea Bizwire) — In a milestone for South Korea’s luxury financial market, Hyundai Card has become the first local issuer to launch the American Express Centurion Card—widely known as the “original black card”—marking the domestic debut of a product long reserved for the global ultra-elite. The card, issued exclusively by invitation and [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution. The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]
SEOUL, May 4 (Korea Bizwire) — A month after its launch in South Korea, Apple Pay has received a positive response from the market, especially among the tech-savvy Generation MZ who value convenience. As per Hyundai Card Co.’s announcement today, approximately 355,000 new cards were issued, marking a significant increase from the same period last [...]
SEOUL, Feb. 8 (Korea Bizwire) — With the anticipated introduction of Apple Pay, a mobile payment service from Apple Inc., Hyundai Card Co. held an “apple festival” to celebrate its status as the country’s sole service provider. The company held a surprise event on Monday, giving out apples to all employees at its headquarters in [...]
SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Card Co. is in talks with Apple Inc. to introduce the U.S. tech giant’s mobile payment service to South Korean card users, industry sources said Wednesday. Hyundai Card is nearing a one-year exclusive contract to provide the Apple Pay service in South Korea, they said. If the contract [...]
SEOUL, May 20 (Korea Bizwire) — South Korean card company Hyundai Card Corp. said Friday that Taiwan’s Fubon Financial Holding Co. emerged as its No. 3 shareholder with a 19.98 percent stake. Fubon Life Insurance Co., the insurance leg of Fubon Financial, bought a 9.99 percent stake this month following Fubon Bank’s purchase of 9.99 [...]
SEOUL, Sept. 10 (Korea Bizwire) — Hyundai Card Co., a leading credit card issuer in South Korea, said Thursday it has locally issued green bonds worth 450 billion won (US$379 million). The won-denominated green bonds, which were sold to domestic institutional investors, will come due in 14 months to 10 years, the card company said. [...]
SEOUL, Oct. 29 (Korea Bizwire) — Hyundai Card, a leading credit card issuer in South Korea, has agreed to launch a joint venture in Vietnam in its first direct overseas investment, the company said Tuesday. The company has signed an agreement to purchase a 50 percent stake in Vietnam’s Finance Company Limited for Community (FCCOM) [...]
SEOUL, Jul. 2 (Korea Bizwire) — Hyundai Card, South Korea’s leading credit card service provider, has set up a new partnership with global networking company Techstars to help startup businesses here go abroad, the company said Tuesday. “With this partnership, Hyundai Card will offer a support program to enter the global market for the members [...]
SEOUL, Apr. 5 (Korea Bizwire) — Hyundai Card Co., a local credit card firm, said Friday that it has introduced an artificial intelligence-based counseling service in its customer center. The AI automatic response system (ARS) listens to clients’ desired service and provides them with appropriate counseling with no waiting time, according to the company. It [...]