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http://dx.doi.org/10.21219/jitam.2016.23.2.195

An Exploratory Study on Mobile Financial Services with Separation of Banking and Commerce in Korea  

Kang, Shinwon (Social Welfare Division, Sunchon National University)
Lee, Jung Mann (Department of Mgt. of Digital Technology, Hoseo University)
Publication Information
Journal of Information Technology Applications and Management / v.23, no.2, 2016 , pp. 195-206 More about this Journal
Abstract
Mobile financial services with incorporated into IT are actively introduced and being operated worldwide. Meanwhile, a relationship setting of industrial capital and financial capital has a close connection with development process of the financial markets and the economic development. If the relationship setting of industrial capital and financial capital are right, it will be good opportunity to ensure economic development, positive economic effect and global competitiveness of the financial industry as other developed countries. In order to expand the positive effects of these mobile financial services, a ICT companies, etc. should ease regulations to allow entry to the mobile financial services market. That is, the separation of banking and commerce should be abolished.
Keywords
Mobile Financial Service; Industrial Capital; Non-Financial Business Operator; Business Group Subject To Limitations On Cross-Shareholding; Separation Of Banking And Commerce;
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