Digital-only LINE Bank to open shop in Taiwan next year

TAIPEI (Taiwan News) — LINE Financial Corporation is expected to open its first all-digital bank in Taiwan in the second quarter of 2020, the company announced on Thursday (Nov. 28). LINE Ban...

Taiwan approves three online banks

TAIPEI (Taiwan News) – The Financial Supervisory Commission (FSC) on Tuesday (July 30) unexpectedly approved all three applications it had received for Web-only banks. Previously, the governm...

Taiwan to ring in new era of mobile music streaming via Line Music

TAIPEI (Taiwan News) – The subscription-based music streaming service Line Music, slated to launch in Taiwan on Wednesday (July 10), is expected to unnerve both local and foreign competitors, i...

LINE to invest additional US$100 million in Taiwan

LINE Corp., the mobile messaging and communication services supplier, said Wednesday that it will invest an additional US$100 million in Taiwan after an earlier investment in the local Internet-only b...

Business Highlights

___ Despite scandal, VW in running for global sales crown FRANKFURT, Germany (AP) — It's ironic: Volkswagen spent 2016 battling a huge emissions scandal and now it ...

Wells Fargo overhauls pay plan for bank branch employees

NEW YORK (AP) — Wells Fargo announced a complete restructuring Tuesday of how it pays tellers and other bank branch employees, with incentives now tied to how often customers use their accounts, as th...