Sara Rousalova, a Czech citizen who has been living in Korea for about six years, tried to open an online bank account three years ago. “But it didn’t work as it wasn’t open to foreigners. I had a lot of trouble with verifying my identity for various services online,” she said. The difficulty in accessing online services due to issues of identity verification has long been a frustration for f.
Loan Defaults on the Rise at Online-Only Banks chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
In a bid to attract more foreign clients, Toss Bank, a Korean internet-only bank, introduced a new service on Monday to make it easier for foreigners to verify their identity. The new service extracts facial features from the photo on foreign resident registration cards and compares them to photographs in a database of the Ministry of Justice to verify the authenticity of the foreign resident registration. “Whe.
More and More Young Koreans Default on Their Debt chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.