K-CASH

	K-CASH K-CASH is an electronic money system established by 'Korea Financial Telecommunication and Clearings Institute'. K-CASH card is easily obtained from issuing bank. Several banks are issuing K-CASH card, including two credit card companies as of 2011. Users can load or unload value from their own account at bank counter, store, ATMs and online. Unlike other market dominant "transport cards", unloading K-CASH value to owner's account is done real-time, as a law only permits real-time transaction to electronic money, not to prepaid card. South Korean Army, and Chuncheon, Hoengseong, Wonju buses adopt K-CASH as a major payment system. At first, K-CASH was mainly promoted as electronic fare collection system. Despite its advantage, such as bank guarantees its payment or real-time transaction, market dominant systems like T-money or Mybi/ Cashbee system drive it out of the market. As of November 2011, following cities and railroad systems are using K-CASH as their public transport fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	K-cash Logo K-CASH is an electronic money system established by 'Korea Financial Telecommunication and Clearings Institute'. K-CASH card is easily obtained from issuing bank. Several banks are issuing K-CASH card, including two credit card companies as of 2011. Users can load or unload value from their own account at bank counter, store, ATMs and online. Unlike other market dominant "transport cards", unloading K-CASH value to owner's account is done real-time, as a law only permits real-time transaction to electronic money, not to prepaid card. South Korean Army, and Chuncheon, Hoengseong, Wonju buses adopt K-CASH as a major payment system. At first, K-CASH was mainly promoted as electronic fare collection system. Despite its advantage, such as bank guarantees its payment or real-time transaction, market dominant systems like T-money or Mybi/ Cashbee system drive it out of the market. As of November 2011, following cities and railroad systems are using K-CASH as their public transport f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Industrial Bank Of Korea Industrial Bank of Korea (IBK; ) is a state-owned bank headquartered in Jung-gu, Seoul, South Korea. Under the Industrial Bank of Korea Act, IBK was established to promote small and medium-sized businesses and improve their economic status by providing an efficient credit system. International Locations * Cambodia (Phnom Penh) * Mainland China (Beijing, Shenzhen, Qingdao, Shenyang, Wuhan, Suzhou, Tianjin, and Yantai) * Hong Kong (Hong Kong Island) * India (New Delhi) * Indonesia * Japan (Tokyo) * Myanmar (Yangon) * Philippines (Metro Manila) * United Kingdom (London) * United States (New York) * Vietnam (Hanoi and Ho Chi Minh) See also * Economy of South Korea * List of Banks in South Korea * Hwaseong IBK Altos Hwaseong IBK Altos ( ko, 화성 IBK 기업은행 알토스) is a South Korean women's professional volleyball team founded in 2011. In the 2012−13 V-League season, just one year after the team was founded, the club won both the regular season ... References E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Fare Collection Systems In South Korea A fare is the fee paid by a passenger for use of a public transport system: rail, bus, taxi, etc. In the case of air transport, the term airfare is often used. Fare structure is the system set up to determine how much is to be paid by various passengers using a transit vehicle at any given time. A linked trip is a trip from the origin to the destination on the transit system. Even if a passenger must make several transfers during a journey, the trip is counted as one linked trip on the system. Uses The fare paid is a contribution to the operational costs of the transport system involved, either partial (as is frequently the case with publicly supported systems) or total. The portion of operating costs covered by fares - the farebox recovery ratio - typically varies from 30%-60% in North America and Europe, with some rail systems in Asia over 100%. The rules regarding how and when fares are to be paid and for how long they remain valid are many and varied. Where the fare can g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Contactless Smart Cards Contactless may refer to: * Contactless smart card * Proximity card, a contactless integrated circuit device used for security access or payment systems * Contactless payment, systems which use RFID for making secure payments * MasterCard Contactless, MasterCard's EMV-compatible contactless payment feature * Radio-frequency identification, an automatic identification method * Near Field Communication, a short-range wireless technology * Contactless fingerprinting Contactless fingerprinting technology (CFP) was described in a government-funded report as an attempt to gather and add fingerprints to those gathered via wet-ink process and then, in a "touchless" scan, verify claimed identify and, a bigger challen ... is a step beyond wet-ink, but not necessarily "touchless" and refers to processes for data collection, verification and identification {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Woori Bank Woori Bank (Hangul: 우리은행 ''Uri Eunhaeng'') is a Korean multinational bank headquartered in Seoul. It is one of the four largest domestic banks in South Korea and is showing a strong presence not only for commercial banking but also for corporate finance in the Republic of Korea. It was originally founded in the 19th Century which it renamed and merged multiple times until it finally adopted its current name in 2002. Woori Bank is known the first South Korean bank to support web browsers other than Internet Explorer for online banking in Korea. As of 2020, Woori ranks 95 on the largest bank list in the world in terms of total assets which currently has 311,852 billion in USD as of the end of 2019. History 19th Century to 2000s The bank was founded back in the 19th century, in the year 1899, which then it was called 'Daehan Cheon-il Bank'. It renamed to 'Joseon Sangup Bank'(Joseon Commercial Bank) in 1911, then 'Commercial Bank of Korea' in the 1950s. Following the 1997 As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Shinhan Card Shinhan Card Co. Ltd. is Korea's biggest, global top-five credit card company. Headquartered in Seoul, South Korea, the company has a partnership with Shinhan Capital, and is an affiliate of Shinhan Financial Group. Shinhan Card was established in 1990 as a technical and business company licensed by Shinhan Bank. It introduced the technology of sending virtual one-time card numbers in Visa's 3-D Secure first in the world for its customers' security. Brand Shinhan Card both issues credit card and check card and also operate under a BC Card license inherited from Chohung Bank. In the United States, most card readers will accept as Debit Mastercard Credit, all debit cards are using Credit Card transaction system. Shinhan Card Domestic Card; South Korean domestic transaction system only. Both Credit and Debit Card number starts with 9XXX. Visa (includes domestic-only debit card) Visa Electron MasterCard *Maestro JCB URS (Domestic Credit Card only. JCB handles ... [...More Info...] [...Related Items...] OR:** [Wikipedia] [Google] [Baidu]
	Shinhan Bank Shinhan Bank Co., Ltd. () is a bank headquartered in Seoul, South Korea. Historically it was the first bank in Korea, established under the name Hanseong Bank in 1897. The bank was reestablished in 1982. It is part of the Shinhan Financial Group, along with Jeju Bank. Chohung Bank merged with Shinhan Bank on April 1, 2006. Shinhan Bank started as a small enterprise with a capital stock of KRW 25.0 billion, 279 employees, and three branches on July 7, 1982. Today, it has transformed itself into a large bank, boasting total assets of KRW 176.9 Trillion (short scale), trillion, equity capital of KRW 9.7 trillion, 10,741 employees, and 1,026 branches as of 2006. As of June 30, 2016, Shinhan Bank had total assets of , total deposits of and loans of . Shinhan Bank is the main subsidiary of Shinhan Financial Group (SFG). History Shinhan Bank is the descendant of Hanseong Bank, the first modern bank in Korea. It was established by Kim Jong-Han in 1897, but began operating around 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Standard Chartered Korea Standard Chartered Korea (officially Standard Chartered Bank Korea Limited, formerly SC First Bank, Hangul: SC제일은행) is a banking and financial services company headquartered in Seoul, South Korea and a wholly owned subsidiary of Standard Chartered. It was created by the acquisition of the former Korea First Bank by Standard Chartered in 2005. History The bank started as Joseon Deposit Bank () in 1929. In may of 1950, it changed its name to Korea Deposit Bank (). In 1954, it made an acquisition of branches of the Korean Bank for Nurturing Industries (; a predecessor to Korea Development Bank). The bank was nationalized in 1961 by the military government. It became one of the 5 largest commercial banks in South Korea but it fell into financial trouble during the 1997 Asian financial crisis. It was acquired by Standard Chartered in 2005.https://encykorea.aks.ac.kr/Contents/CategoryNavi?category=field&keyword=%EA%B2%BD%EC%A0%9C%C2%B7%EC%82%B0%EC%97%85/%EA%B2%BD%EC%A0%9C&ridx=63 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Samsung Card Samsung Card Co, Ltd. (Hangul: 삼성카드) is a South Korean credit card company. Samsung Card was established in 1988 as a technical and business company licensed by Samsung Electronics. Headquartered in Seoul, South Korea, Samsung Card merged with Samsung Capital in 2004. The company is owned by Samsung Life Insurance (71.9%). By the end of 2017, the number of individual credit card users was 9.64 million, and the asset value of products was 21,181.9 billion won. Total billings (cumulative) in 2017 is 122,217.3 billion won. See also Economy of South Korea Samsung Group References External linksSamsung Card Homepage Card Card or The Card may refer to: * Various types of plastic cards: By type Magnetic stripe card Chip card * Digital card By function Payment card *Credit card Debit card EC-card Identity card European Health Insur ... Financial services companies of South Korea Financial services companies established in 1988 Compa ... [...More Info...] [...Related Items...] OR:** [Wikipedia] [Google] [Baidu]
	Kookmin Card Kookmin may refer to: Kookmin Bank Kookmin Bank or KB Kookmin Bank () is among four of the largest banks ranked by asset value in South Korea, as of the end of March 2014. It is the largest among banks in Korea and the 60th largest in the world as of 2017. History The current KB ..., a South Korean bank Kookmin University, a South Korean university * Kukmin Ilbo, a South Korean newspaper {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Kookmin Bank Kookmin Bank or KB Kookmin Bank () is among four of the largest banks ranked by asset value in South Korea, as of the end of March 2014. It is the largest among banks in Korea and the 60th largest in the world as of 2017. History The current KB Kookmin Bank was formed in December 2000 in a merger between the old Kookmin Bank and the Housing & Commercial Bank. They were both founded by the Korean government in 1960s for special purposes. Kookmin Bank, which catered towards providing financial services for middle and low income consumers, was privatized in 1995. During the Asian financial crises both banks acquired other financially troubled banks. The merger of the two banks was partly due to the government policy of making banks bigger and more stable. After the merger, KB acquired various companies include credit card, insurance and brokerage firms transforming into the current financial group in 2008. In Sep, 2004, Kookmin Bank said it would restate its 2003 and 2004 earnings a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Hana Bank Hana Bank (; KEB Hana Bank outside South Korea) is a commercial bank headquartered in Seoul, South Korea. Since its establishment as Korea Exchange Bank in 1967, it provides the largest range of foreign exchange products in South Korea. History Korea Exchange Bank (1967–2015) Establishment and privatization Korea Exchange Bank was established in 1967 as a government-owned bank specializing in foreign exchange. It was privatized in 1989 and was one of Korea's first commercial banks. During the 2002 FIFA World Cup in Korea and Japan, KEB was the first Korean bank to export Korean won to another nation, by exporting bundles of 10000 won notes to Japan. Jan 1975: Started securities business Apr 1978: Launched Korea's first credit card service Mar 1983: Issued travelers cheques Feb 1985: Official sponsor bank for 1986 Asian Games & 1988 Summer Olympics Apr 1994: Listed on Korean Stock Exchange Dec 1995: Opened foreign exchange research center Nov 1999: Opened a foreign exchang ... [...More Info...] [...Related Items...] OR:* [Wikipedia] [Google] [Baidu]