Analysts at Smartkarma favor Kakao Bank but its success is prompting unprecedented competition.
Rockson Hsu, CEO, says the virtual bank will build its own wealth products.
The new virtual bank outlines its features for a select group of early adopters.
Proceeds will go to capital reserves and funding a mortgage book.
The Australian bank is beginning to work with fintechs to build a digital offering.
The China-focused cross-border payments company wants to create a digital one-stop shop.
