SEOUL, Dec. 29 (Korea Bizwire) — A simple, non-Active X online payment service will soon be available in Korea from major credit card companies. Starting December 29, customers will be able to make credit card payments for their online transactions by providing their ID number and a password. Major Korean credit card companies such as [...]
SEOUL, Dec. 3 (Korea Bizwire) — As Samsung Group announced its annual president-level reshuffling results on December 1, the attention is now paid to the follow-up announcement on executive-level personnel change and the group affiliates’ organizational change. As for president-level change, the number of presidents sacked and appointed has been somewhat reduced from the last year. [...]
SEOUL, Aug. 22 (Korea Bizwire) – In a TV commercial, Kim Min-yul, Yoon Hoo and Lee Jun-soo showed their cute dances. The three kids are fixture at MBC’s entertainment program “Dad! Where Are We Going?” The commercial begins with precocious facial expressions of Min-yul and shows the natural acts of the three kids putting unnecessary [...]
SEOUL, Aug. 2 (Korea Bizwire) – While Kakao is scheduled to offer an online credit card payment service next month, it is considering an “Uber-like” call taxi service as well. From September, Kakao, the operator of Korea’s largest mobile messenger service, will begin providing credit card online payment service in partnership with nine card companies including [...]
SEOUL, July 9 (Korea Bizwire) — The employees of Samsung Group were paid a bonus called “TAI” (target achievement incentive) on July 8. The incentive bonus, given twice a year, is paid in four different grades from “A” to “D” depending on each affiliate’s financial performance and the degree of achievement vis-à-visthe target. As the first-half TAI [...]
SEOUL, May 19 (Korea Bizwire) - Samsung Card, Korea’s major credit card issuer, will provide a big data-based personalized service for the first time among credit card companies. The company said on May 16 that it would kick off a new service called “Samsung Card Link” by which it offers discounts and other customized [...]
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 [...]
SEOUL, May 13 (Korea Bizwire) – Again, financial accidents were happened by stealing information of Samsung’s App card holders, which resulted some 60 million won of damage from scores of clients. Especially, more damage is expected as six credit card companies including Samsung share the same standard of mobile app card. According to the Financial [...]