Korea Joongang Daily
Korea JoongAng Daily

Toss aims for 50 percent international base by 2030

Toss aims for international users to constitute half its base and announced financial support for startups.

2025-02-26

Picture-perfect payment: Toss to launch face-scanning system at convenience stores

A model at a GS25 demonstrates a face-scanning payment system created by mobile financial firm Toss on Feb. 12.

2025-02-12

Explainer: Why is Toss suing Kakao? How a text message launched a legal war

Toss plans legal action against Kakao for restricting its promotional services, while Kakao denies the allegations, citing policy and system overload issues.

2025-02-05

Ex-Toss Bank CEO joins Kakao as company moves to drive innovation

Former Toss Bank CEO Hong Min-taek joined Kakao on Tuesday after completing his three-year tenure at his former company in March last year.

2025-02-05

HYBE faces the music over face-scanning entry system

HYBE announced on Monday that it will introduce an optional face-scanning system in place of traditional ticketing, setting off a furor of backlash over cybersecurity concerns.

2024-12-25

Viva Republica considers tossing local IPO in favor of U.S. listing

Viva Republica, which operates the popular money transfer app Toss and online bank Toss Bank, is mulling a U.S. listing instead of going public on a domestic bourse over concerns of lower-than-expected valuation.

2024-10-30

Toss says loan for operator's CEO not from FTX, won't impact IPO

Toss said that a loan taken out by the founder of Viva Republica, the internet-only bank's operator, is unrelated to now-defunct FTX Trading and won't affect an anticipated IPO.

2024-08-30

HYBE to create facial recognition technology to curb ticket scalping

HYBE partnered with the internet bank Toss and concert ticket provider InterparkTriple to develop facial recognition technology to curb ticket scalping, a malpractice still very much prevalent in the K-pop scene.

2024-08-14

Four contenders vie to become Korea's new internet bank in a struggling market

Four contenders have filed for approval to become Korea's fourth internet-only bank.

2024-04-26

Toss Securities to throw U.S. bonds into mix ahead of IPO

Toss Securities will allow users to trade U.S. corporate bonds and foreign derivatives this year ahead of its parent company's expected initial public offering.

2024-03-14