Toss Bank launched a commission-free foreign exchange service on Thursday, which does not charge any fees when buying or selling currencies. The internet-only bank said it was the first domestic financial company to introduce the entirely free foreign exchange service.
Korean internet-only bank, Toss Bank, on Thursday rolled out its first foreign exchange service, pledging not to charge users any fees for converting foreign currencies. Under the new scheme, all users who open a foreign currency account on its banking app can exchange 17 foreign currencies in real-time and around the clock, without paying any fees for a lifetime. Until now, local banks have sometimes offered a reduc.
Amorepacific has strengthened its arsenal of global growth engines by acquiring additional shares in South Korean skin care firm COSRX to leverage the brand’s extensive overseas reach.
LG unveiled Captioning AI, a generative AI service that recognizes elements in an image and generates descriptions and keywords, raising expectations about how the Korean conglomerate can impact the market where generative AI services such as ChatGPT are driving change, according to LG Corp., Monday. LG Corp., a holding company of LG Group, said LG AI Research unveiled its Captioning AI service at the Computer Vision and Pattern Recognition 2023 event, the world s largest computer vision conference held in Vancouver, Canada, Sunday (local time).
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