Rakuten eyes pilot for its Web-only bank operationsBy Kao Shih-ching / Staff reporterRakuten International Commercial Bank (樂天國際商銀) plans to launch a pilot for its Web-only operations by the end of next month, company chairman Chien Ming-jen (簡明仁) said on Monday. Rakuten International Commercial Bank chairman Chien Ming-jen speaks at a news conference in Taipei on Nov. 5. Rakuten Bank received an operating license from the commission earlier this month, ahead of two peers, Next Bank (將來銀行) and Line Bank (連線商業銀行). In related news, Lin Chih-chi said that operating licenses for Next Bank and Line Bank might be delayed. The commission would speak with Line Bank, as its affiliate messaging app Line Corp this month launched a service that enabled the bank to collect consumers’ data even though Line Bank has not received an operating license, he said.

Source: Taipei Times December 30, 2020 15:56 UTC