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#CreditCardCompanies

Yonhap Infomax Newsinfomaxkorea
2026-01-28

South Korea’s credit card companies are collaborating on AML and fraud detection systems to support the rollout of a won-based stablecoin, aiming to streamline infrastructure and test new business models for local currencies and government subsidies.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-23

South Korean credit card companies are scaling back travel card promotions amid government efforts to curb capital outflows, as overseas debit card spending hit a record 7 trillion won in 2025; focus shifts to military service member cards.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-12

South Korean credit card companies are set to expand foreign currency funding in 2026, diversifying away from domestic bonds to mitigate refinancing and liquidity risks amid high interest rates.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-06

Merchant fee revenue at South Korea's major card companies fell for a third straight quarter in Q3 2025, despite higher card payments, as lower fee rates and policy restrictions pressured profitability.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-04

South Korea's credit card companies are accelerating preparations for stablecoin-based payment systems, launching a second industry task force despite ongoing legal uncertainties, to ensure rapid market entry once regulations are finalized.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-31

South Korea’s credit card firms saw all their proposals to retain Asiana Airlines mileage accrual methods rejected by the KFTC ahead of the Korean Air–Asiana merger, raising concerns for mileage cardholders as integration plans move forward and mileage conversion services are phased out.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-30

South Korea’s credit card companies boosted card bond issuance in December despite higher funding costs, aiming to secure liquidity ahead of early-year market volatility, with net issuance reaching 1.82 trillion won ($1.54 billion) and yields rising over 55 basis points since October.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-22

South Korea’s major credit card companies saw card loan, cash advance, and revolving credit balances all rise in November, signaling increased consumer borrowing demand.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-16

South Korea’s financial regulator has called on credit card companies to lower high interest rates on business loans, which average 14.07%, as authorities seek to curb non-bank lenders’ focus on high-margin lending and promote more productive finance.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-21

South Korean experts urge that credit card companies should spearhead KRW stablecoin issuance and integration, while calling for higher capital requirements for issuers under new digital asset regulations.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-31

South Korea’s major credit card companies saw Q3 net profits plunge by up to 31% as rising costs and tighter regulations outweighed modest revenue gains, with even industry leaders posting sharp declines.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-24

South Korea’s major card companies are set for another weak quarter, as lower merchant fees, tighter card loan regulations, and rising delinquencies weigh on Q3 earnings.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-10-13

South Korea’s Financial Supervisory Service conducted 67 inspections of major card companies over seven years but failed to carry out any security vulnerability checks, drawing criticism after a major data breach at Lotte Card.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-28

South Korea’s major credit card companies saw merchant fee revenue fall for the first time in five years in H1 2024, as government-mandated fee cuts for small merchants eroded core earnings.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-22

South Korea’s major card issuers saw card loan balances fall for a third straight month in August, as tighter household debt regulations curbed new lending and cash advance balances continued to decline.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-16

FSS Governor Lee Chan-jin has urged credit card CEOs to personally implement legal security measures, emphasizing a zero-tolerance policy on data breaches and calling for stronger consumer protection and proactive risk management in South Korea’s financial sector.

en.infomaxai.com/news/articleV

C.cazabon@mindly.social
2025-09-09

Credit card companies in Canada (and elsewhere) have been imposing draconian restrictions on the use of their payment networks for anything even slightly racy -- digital Puritanism, enforced by a handful of companies that have a combined monopoly stranglehold on payment systems.

Risque video content? Racy text? Erotic drawings? All forbidden to one degree or another, by un-elected moral crusaders that you simply can't choose to not use. If you're a content creator depending on payments / subscriptions, you can be demonitized instantly, with no explanation and no recourse, at any moment. Goodbye, income!

This petition isn't perfect - it's written solely from the point of view of someone concerned with the effects on the videogame market, not any other type of content creator - but it's a start. If you're in Canada and want payment processors to not engage in such discriminatory practices, take a look at this (brief) petition and consider signing it.

ourcommons.ca/petitions/en/Pet

#PaymentProcessor #CreditCardCompanies #Puritanism #demonitized #opaque #stealth #Canada #censorship #content #ContentCreator #mature #adult

Yonhap Infomax Newsinfomaxkorea
2025-09-08

South Korea’s major card companies have finalized initial preparations for won-based stablecoins, but will hold off on rollout as they await clearer government policy and legislative direction.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-04

South Korea’s major credit card companies often assign all key data protection roles to a single executive, raising concerns over security vulnerabilities and prompting calls for regulatory reform.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-02

Unclaimed financial assets in South Korea have reached 18.4 trillion won ($13.9 billion), with the average reimbursement rate at just 28.9%, highlighting significant disparities among financial institutions and sectors, according to the Financial Supervisory Service.



en.infomaxai.com/news/articleV

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