@EricLawton
This is so grotesque. Such a disgusting level of abuse of power.
And if they can do it to these people guess who else they can do it to?!
Protesters getting under a politicians skin?
Ex employee saying mean things about your company on their socials?
Customer fighting with their "insurance" company?
Renter not paying rent due to legal issues?
There IS a logical conclusion to this level of on/off switch capability.
#AbuseofPower
#CommandAndControl
#CreditCardCompanies
#Google
#GoogleDoEvil
South Korea’s credit card companies are collaborating on AML and fraud detection systems to support the rollout of a won-based stablecoin, aiming to streamline infrastructure and test new business models for local currencies and government subsidies.
#YonhapInfomax #Stablecoin #CreditCardCompanies #AntiMoneyLaundering #FraudDetectionSystem #KoreanWonStablecoin #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102352
[Financial Sector Stablecoins] Card Companies Consider Joint Infrastructure Rollout

South Korea’s credit card companies are collaborating on AML and fraud detection systems to support the rollout of a won-based stablecoin, aiming to streamline infrastructure and test new business models for local currencies and government subsidies.

Yonhap Infomax
South Korean credit card companies are scaling back travel card promotions amid government efforts to curb capital outflows, as overseas debit card spending hit a record 7 trillion won in 2025; focus shifts to military service member cards.
#YonhapInfomax #CreditCardCompanies #TravelCard #ForeignExchangeRate #NaraSarangCard #OverseasSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101650
Card Companies Hit by Soaring FX Rates—Travel Card Marketing Scaled Back

South Korean credit card companies are scaling back travel card promotions amid government efforts to curb capital outflows, as overseas debit card spending hit a record 7 trillion won in 2025; focus shifts to military service member cards.

Yonhap Infomax
South Korean credit card companies are set to expand foreign currency funding in 2026, diversifying away from domestic bonds to mitigate refinancing and liquidity risks amid high interest rates.
#YonhapInfomax #ForeignCurrencyFunding #LotteCard #OverseasABS #CreditCardCompanies #RefinancingRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99293
Card Companies to Expand Foreign Currency Funding This Year—‘Diversifying Funding Sources’

South Korean credit card companies are set to expand foreign currency funding in 2026, diversifying away from domestic bonds to mitigate refinancing and liquidity risks amid high interest rates.

Yonhap Infomax
Merchant fee revenue at South Korea's major card companies fell for a third straight quarter in Q3 2025, despite higher card payments, as lower fee rates and policy restrictions pressured profitability.
#YonhapInfomax
#MerchantFeeRevenue #CreditCardCompanies #Profitability #FeeRateReduction #ConsumptionCoupons
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98499
South Korea's credit card companies are accelerating preparations for stablecoin-based payment systems, launching a second industry task force despite ongoing legal uncertainties, to ensure rapid market entry once regulations are finalized.
#YonhapInfomax #Stablecoin #CreditCardCompanies #PaymentSystems #DigitalAssetBasicAct #CreditFinanceAssociation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98256
Card Companies Launch Second Stablecoin Task Force—Proactive Steps to Prepare Payment Systems

South Korea's credit card companies are accelerating preparations for stablecoin-based payment systems, launching a second industry task force despite ongoing legal uncertainties, to ensure rapid market entry once regulations are finalized.

Yonhap Infomax
South Korea’s credit card firms saw all their proposals to retain Asiana Airlines mileage accrual methods rejected by the KFTC ahead of the Korean Air–Asiana merger, raising concerns for mileage cardholders as integration plans move forward and mileage conversion services are phased out.
#YonhapInfomax
#KoreanAir #AsianaAirlines #KFTC #MileageIntegration #CreditCardCompanies
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97833
What’s Next for Asiana Mileage?—KFTC Ignores Credit Card Firms’ Proposals

South Korea’s credit card firms saw all their proposals to retain Asiana Airlines mileage accrual methods rejected by the KFTC ahead of the Korean Air–Asiana merger, raising concerns for mileage cardholders as integration plans move forward and mileage conversion services are phased out.

Yonhap Infomax
South Korea’s credit card companies boosted card bond issuance in December despite higher funding costs, aiming to secure liquidity ahead of early-year market volatility, with net issuance reaching 1.82 trillion won ($1.54 billion) and yields rising over 55 basis points since October.
#YonhapInfomax #CardBondIssuance #CreditCardCompanies #FundingCosts #LiquidityRisk #NetIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97610
Card Firms Ramp Up Bond Issuance Despite Rate Pressures—Preemptive Move Ahead of Early-Year Volatility

South Korea’s credit card companies boosted card bond issuance in December despite higher funding costs, aiming to secure liquidity ahead of early-year market volatility, with net issuance reaching 1.82 trillion won ($1.54 billion) and yields rising over 55 basis points since October.

Yonhap Infomax
South Korea’s major credit card companies saw card loan, cash advance, and revolving credit balances all rise in November, signaling increased consumer borrowing demand.
#YonhapInfomax #CardLoan #CreditCardCompanies #CashAdvance #RevolvingCredit #LoanBalance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96672
South Korea’s financial regulator has called on credit card companies to lower high interest rates on business loans, which average 14.07%, as authorities seek to curb non-bank lenders’ focus on high-margin lending and promote more productive finance.
#YonhapInfomax
#FinancialServicesCommission #BusinessLoans #CreditCardCompanies #InterestRates #ProductiveFinance
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95637
Financial Regulator Targets High Interest Rates on Card Company Business Loans—How High Are They?

South Korea’s financial regulator has called on credit card companies to lower high interest rates on business loans, which average 14.07%, as authorities seek to curb non-bank lenders’ focus on high-margin lending and promote more productive finance.

Yonhap Infomax