Posted : 2021-01-11 14:58
Updated : 2021-01-12 08:52
An attendee passes by the stage during the Consumer Electronics Show (CES) 2020 at the Mandalay Bay Convention Center in Las Vegas in this January 2020 file photo. / AP-Yonhap
By Park Jae-hyuk
Local banking groups are paying less attention to this year s Consumer Electronics Show (CES), which kicked off Monday as an online event, for the first time in its 55-year history, due to the COVID-19 pandemic.
Their lukewarm attitude is in stark contrast to their keen interest in the previous year s event, to which they sent a number of top executives and employees to learn state-of-the-art technologies that might be applied to their digital banking services.
Korean financial firms seek digital revenues in 2021
Posted : 2020-12-31 09:09
Updated : 2020-12-31 17:38
From left are KB Financial Group Chairman Yoon Jong-kyoo, Shinhan Financial Group Chairman Cho Yong-byoung, Hana Financial Group Chairman Kim Jung-tai and Woori Financial Group Chairman Son Tae-seung. Courtesy of each firm
By Lee Min-hyung
The nation s major financial holding firms are looking to boost their digital revenue as part of a key management goal for 2021 amid the rapid rise of online banking and contactless consumption here and abroad.
For the major lenders, 2020 has been a year of building the foundations for their digital business. With uncertainties surrounding the COVID-19 pandemic remaining, they will keep enhancing their digital platforms next year, but a new focus will be on generating tangible outcomes from their digital vision.