MSIP Archives | Be Korea-savvy

Korean Gov’t Reducing Mobile Payment Fraud, Continues with New FDS

SEOUL, March 11 (Korea Bizwire) — A new FDS (Fraud Detection System) designed to enhance security for mobile phone micropayment will be introduced by the Ministry of Science, ICT and Future Planning (MSIP) in the second quarter, according to an announcement from the ministry on March 10. The FDS will be working as an automatic detector [...]

Software Contract Monitoring Introduced to Protect Suppliers

SEOUL, Mar. 9 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning (MSIP) is going to run a demonstration project in a bid to promote fair payment customs for contract-awarding companies and software developers, according to a ministry statement from March 8. The ministry plans to apply rigorous rules to the process of awarding contracts [...]