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Financial Watchdog to Simplify Internet Banking Procedures

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 [...]

Korean Patent Applications for Biometrics Authentication Soar

DAEJEON, Oct. 26 (Korea Bizwire) – Korea has seen an increasing number of patents targeting the rapidly growing market for biometrics, driven by an increasing supply of smartphones and wearable devices, and the expansion of IoT-based services. According to the Korea Intellectual Property Office, the annual number of patent applications related to biometric technology more [...]