SEOUL, Sept. 15 (Korea Bizwire) — South Koreans’ use of internet banking services grew 6.9 percent in the first half of this year from six months earlier as customers preferred financial services through mobile devices, central bank data showed Thursday. The daily use of online banking services, including mobile banking, reached 18.82 million cases in [...]
SEOUL, Dec. 10 (Korea Bizwire) — Lee Hong-jun (alias), an 80-year-old man living outside of Seoul, always finds it frustrating when he has to handle online banking via his mobile phone as he has trouble going through what seems to be endless and complicated digital procedures. Having retired over 20 years ago, Lee now feels [...]
SEOUL, Oct. 6 (Korea Bizwire) — South Korea’s internet banking services continued to grow in the first half, with the number of users and daily transactions rising to new highs, central bank data showed Wednesday. The number of internet banking users, including mobile banking, came to 186.5 million as of end-June, up 5.6 percent from [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Koreans use online banking services more than 100 million times a day via computers or smartphones, exceeding 53 trillion won (US$46.9 billion) in transactions, as an increasing number of customers are going online to check bank statements, wire cash, and get a loan. The Korea Institute of Finance [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korea’s financial authorities said Thursday they will step up efforts to streamline Internet banking procedures by promoting the removal of unnecessary security software and the minimum use of digital certificates. The measures are part of the government’s financial reform drive, and were drawn up by a council of [...]