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Ashneer Grover took a dig at Kotak Mahindra Bank after its 10% share price plunge following RBI's directive to stop new customer acquisitions and credit card issuances.
Starting in July, Jeju Island will implement a cashless system for all bus services. Foreign tourists planning to visit the resort island are required to purchase and load money onto a transportation card to access its bus network.
A recent report on Korea's online payment markets underscores the need for building a strategic partnership and providing differentiated services on the part of payment companies. Currently, online payment services in Korea are provided by a wide variety of parties, including credit card companies, big tech firms, fintech companies, telecommunications companies, online shopping malls and more.
Korea's finance ministry said Friday the country will speed up efforts to adopt digital technologies in the service sector, with the goal of enhancing its competitiveness and bringing convenience to everyday life.
South Korea's finance ministry said Friday the country will speed up efforts to adopt digital technologies in the service sector, with the goal of enhancing its competitiveness and bringing convenience to everyday life. The latest move comes in line with efforts to apply the latest technologies, including artificial intelligence, to various areas ranging from logistics and finance to public administration, accor...