Lotte Archives | Page 14 of 14 | Be Korea-savvy
[Feature] How to Revive Flagging SME Sector

[Feature] How to Revive Flagging SME Sector

SEOUL, May 23 (Korea Bizwire) – The share of the big-three retailers, including Lotte, Shinsegae, and Hyundai, in the nation’s retail market reaches up to 80 percent. Even amid a host of policy measures designed to revive small- and medium-sized merchants, the market is still dominated by a few oligopolistic players. Lim Chae-woon, Professor of marketing at [...]

“App Card” Takes Ground by Illicit Transactions

“App Card” Takes Ground by Illicit Transactions

SEOUL, May 16 (Korea Bizwire) – The “app card,” which has been  touted as a new-generation mobile transaction system, has taken a hit from illicit transactions. In the meantime, Fraud Detection System (FDS) has proven its values once again. Samsung Card reported to the police and financial authorities on May 11 about some 300 cases of illegal [...]