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Fake News Could Cost South Korea 30 Trillion Won Every Year, Analysts Say

Fake News Could Cost South Korea 30 Trillion Won Every Year, Analysts Say

SEOUL, March 20 (Korea Bizwire) – The negative economic impact of fake news on the South Korean economy and society is costing the country an annual loss of a whopping 30 billion won, analysts from the Hyundai Research Institute (HRI) have found. A report on fake news and its economic damage from the HRI released yesterday [...]

Evolving Fintech Companies Expand Horizons

Evolving Fintech Companies Expand Horizons

SEOUL, April 5 (Korea Bizwire) – While financial services companies exploring fintech systems were previously concentrated on payment settlement, they are now setting out in new fields, expanding their offerings to financial software or data analysis services. According to “The Rise of Fintech and Changes in the Financial Industry”, a report issued by the Hyundai [...]