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IBK to Launch Self-service Shops Later This Year: IBK CEO

IBK to Launch Self-service Shops Later This Year: IBK CEO

SEOUL, Jan. 25 (Korea Bizwire) — Industrial Bank of Korea (IBK) said Thursday it will launch self-service shops during the latter half of the year amid growing non-face-to-face transactions. “We are sending some employees to Japan next month so they can look into self-service stores there to catch up with the growing proportion of non-face-to-face [...]

Banks Rush Into the “War of Mobile Wallet”

Banks Rush Into the “War of Mobile Wallet”

  SEOUL, July 23 (Korea Bizwire) –The sense of urgency that IT companies are encroaching on the mobile payment market is making banks to competitively beef up their smartphone-based electronic commerce services and scramble into the “war of mobile wallet.” Mobile Wallet or E-Wallet is a service that provides a convenient and technologically quick method [...]