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Digitalization of Finance in Korea
한국금융연구원 2021.06.14 원문보기
This study aims to analyze digital transformation in incumbent financial institutions comprising banks and NBFIs and the growth and diversification of the fintech industry since the early 2000s in Korea. This study is then expected to provide a backdrop for charting a strategy for advancing financial digitalization and forging competitive and complementary relations between traditional financial firms and fintech firms. It also envisages developing a new financial regulatory framework that could enrich benefits while minimizing the cost of financial digitalization.
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