Over 40 South Korean Fintech Firms Operating as SMBs Failed to Pass Security Checks Needed to Obtain Open Banking Licenses
Over 40 Fintech companies operating as small and medium-sized (SMEs) businesses in South Korea reportedly were unable to clear the appropriate security checks needed to obtain final approval to take part in the open banking initiative. The Fintech companies had applied for operational licences in… Read More
Read more in: Asia, Fintech, Global | Tagged banking, digital bank, financial supervisory service, fss, open banking, operational licenses, sme's, south korea
