Regulator OKs Kakao’s Bid to Launch Digital Insurance Business

SEOUL, April 13 (Korea Bizwire) — South Korea’s financial regulator on Wednesday approved a digital insurance business by Kakao Corp. in a move that could heat up competition in the fledging digital insurance market. The Financial Services Commission (FSC) made the decision, saying the operator of the country’s leading mobile messenger KakaoTalk has satisfied all [...]