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To leverage financial data integration, Korean banks need to enhance their digital competitiveness and establish robust internal controls.
Identify the factors contributing to mid-term account terminations and enhance relevant policies.
Crowdsourcing can be an effective way to address pain points that limit MSMEs from getting financing.
Invest in innovative and bankable projects to support healthy oceans and resilient, sustainable blue economy sectors.
Increased availability of data and computing power have made it possible to set parameters beforehand that will trigger insurance coverage for a variety of risks.
The technology credit rating system was integrated into loan application evaluations of technologically innovative SMEs.
Banks need to update their business models as competition from fintechs disrupts the supply chain finance market.
The Korean government has employed comprehensive policy measures to manage household debt risks.
Global harmonized digital identities for companies could have a profound impact on trade worldwide.
Blockchain is transforming financial transactions—with far-reaching implications for the unbanked.