south korea

South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, sub-tropical islands and high-tech cities such as Seoul, the capital.

(source: en.wikipedia.org)

LG To Expand LG Pay Beyond South Korea
LG To Expand LG Pay Beyond South Korea
July 10, 2017  |  Digital Payments

LG, which last month launched its mobile payment platform in Korea with its G6 handset, is expanding the payment method into other smartphones and into...

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Samsung 2Q Results Leap On Memory Chip Demand
Samsung 2Q Results Leap On Memory Chip Demand
July 07, 2017  |  Investments

Samsung Electronics recently announced that operating profits saw record highs in the second quarter, buoyed by surging prices for memory chips. Operating profits gained 72...

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Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
Bithumb Bitcoin Exchange Hacked; 30,000 Customers’ Data Compromised
July 06, 2017  |  Security & Fraud

In international cybersecurity news this week, Bithumb, the South Korean bitcoin exchange, has been hacked, with the bad guys compromising the data of 30,000 customers....

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South Korean Company Surrenders $1 Million To Ransomware
South Korean Company Surrenders $1 Million To Ransomware
June 21, 2017  |  Security & Fraud

A South Korea-based web hosting firm has fallen victim to ransomware. That’s not unusual in today’s cybersecurity climate, but what is unusual is how much...

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LG Launches LG Pay
LG Launches LG Pay
June 05, 2017  |  Payment Methods

LG Electronics announced late last week that it has officially rolled out its mobile payment service in South Korea. According to a report covering the...

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Another Day, Another Pay — LG Pay Takes The Field
Another Day, Another Pay — LG Pay Takes The Field
March 23, 2017  |  Mobile Payments

The world has no shortage of “…” Pay services at the moment: Apple Pay, Android Pay, Samsung Pay, Walmart Pay, Kohl’s Pay, Chase Pay, Target...

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Samsung Pay (Mini) Launches On More Android Devices
Samsung Pay (Mini) Launches On More Android Devices
February 03, 2017  |  Payment Methods

Samsung Electronics said Thursday (Feb. 2) it is launching a mobile web payments service for all smartphones that use the Android mobile operating system in...

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South Korea’s Race To 100% Internet Access
South Korea’s Race To 100% Internet Access
February 01, 2017  |  International

Out of the 19 million homes in South Korea, a government survey found that 99.2 percent have access to the internet. Up by 3.2 percent from last...

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South Korea’s First Online-Only Bank To Open This Year
South Korea’s First Online-Only Bank To Open This Year
January 05, 2017  |  Payment Methods

K-Bank, the South Korean online-only bank, is slated to open during 2017, marking not only the first online-only bank in the country but the first...

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