According to ME News, on October 31 (UTC+8), South Korea’s NH Nonghyup Bank signed a business agreement with MoonPay and Korean fintech company Finger on “collaboration for financial services and infrastructure based on digital assets.” The three parties plan to jointly explore applications of digital assets in financial and payment scenarios, with key areas of cooperation including global digital asset financial services such as personal cross-border remittances and corporate payment settlements, integration of digital assets with card merchant payment infrastructure, connectivity between global digital asset infrastructure and South Korea’s domestic financial system, and joint proof-of-concept (PoC) trials and commercial viability assessments.
Under the agreement, the three parties will leverage Nonghyup Bank’s financial infrastructure, MoonPay’s global digital asset network, and Finger’s financial platform technology to implement a global payment settlement model. A representative from Nonghyup Bank stated that this collaboration marks a new beginning in connecting global digital asset infrastructure with domestic financial services in Korea, enhancing customer payment convenience and strengthening global digital financial competitiveness. (Source: Foresight News)
NH Agricultural Cooperative Bank partners with MoonPay and Finger to explore cross-border asset payments.
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Summary
NH Agricultural Cooperative Bank has partnered with MoonPay and Finger to advance digital assets in financial services. The collaboration will focus on cross-border payments, corporate settlements, and integrating digital asset and card-based merchant infrastructure. Leveraging NH Bank’s domestic network, MoonPay’s global reach, and Finger’s fintech platform, the initiative aims to connect global on-chain infrastructure with South Korea’s financial system. The bank said the move will enhance payment convenience and strengthen the country’s digital financial competitiveness.
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