Korea Joongang Daily
Korea JoongAng Daily

FSS to push exchange, financial companies to support fintech

The Financial Supervisory Service (FSS) will lean on the Korea Exchange and financial institutions to support fintech companies.

2022-01-20

Mergeplus raided by police, 3 executives told not to travel

Mergeplus was raided by police Wednesday, and three of the company’s executives have been restricted from traveling overseas.

2021-08-25

As Mergepoint buries books, FSS reports it to the police

The Financial Supervisory Service (FSS) reported Mergeplus to the Seoul Metropolitan Police Agency after the company repeatedly refused to deliver it books to the regulator. “We will first carry out an investigation to see whether the company has ...

2021-08-18

After Mergepoint mess, FSS calls an emergency meeting

Digital coupon businesses are to be investigated by the Financial Supervisory Service (FSS) after a dramatic run on Mergepoint last Friday by a mob of angry customers. The FSS held an emergency meeting on Monday afternoon, called by governor ...

2021-08-17

Customers swarm Mergepoint as FSS investigates coupon app

In a scene reminiscent of a bank run, angry customers swarmed the offices of Mergeplus Friday after the discount coupon company abruptly changed its terms of service, with police being called in to restore order and the mob trying to block ...

2021-08-15