K Bank – Korea’s 1st Internet-only Bank Implementation of Core Banking System

kbanknow.com
Total Assets 2.2B USD (2019)
No. of Employees 342 (2019)

Successfully opened core banking system implementing customer management, deposit & loans and payment services for K Bank – the first bank in Korea to obtain a license for Internet only banking services in 2016 – in just 11 months, a national record and four months ahead of competitors.

Won K Bank business on the back of experience developing “next-generation” systems for China’s largest banks including Alibaba’s Internet Bank, MYbank, shortly after Bankware’s establishment; and within a short period of time, delivered a high-quality system based on BX CBP and PF packages.

Continuing on from the initial development of K Bank’s core banking system, Bankware expanded to building a system for corporate banking in 2018, and until present, is in charge of K Bank’s system operations and maintenance.

Disclaimer: This article has been translated from its original language for the convenience of our readers. While every effort has been made to ensure accuracy, please note that translations may not fully capture the nuances and subtleties of the original text. Any discrepancies or inaccuracies are unintentional. Readers are encouraged to refer to the original source for complete and accurate information.

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