Hana Bank Launches AI-Based 'Hana Fund Management Report'

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 16th that it has launched the 'Hana Fund Management Report' service, which provides customized fund management services by precisely analyzing customers' financial patterns and lifestyles based on various data.

The 'Hana Fund Management Report,' available in the 'My Asset Lab' within the Hana One Q application (app), analyzes customers' monthly transactions and provides personalized reports at the beginning of each month, including ▲monthly surplus fund calculation ▲deposit and withdrawal transaction analysis ▲withdrawal tendency analysis.

The 'Hana Fund Management Report' applies an AI algorithm independently developed with the participation of the bank's internal big data expert team, the AI Big Data Section, and Hana Financial Convergence Technology Institute. Additionally, to improve the accuracy of the AI algorithm and the quality of the service, the report analyzes not only customers' Hana Bank transactions but also external and unstructured data such as open banking and consumption tendency data.

By enhancing understanding of customers through AI technology, the Hana Fund Management Report provides reports analyzing not only customers' financial transactions but also their interests, which is expected to enable customers to manage their digital funds and assets more easily and conveniently.

Meanwhile, the 'My Asset Lab,' widely known for providing asset management tips in the Hana One Q app, will become even more accessible and convenient for digital fund and asset management with the addition of the new 'Hana Fund Management Report' alongside existing useful information such as ▲asset comparison with peers ▲fixed expenditure analysis.

A Hana Bank official stated, “Following the launch of this service, we plan to expand digital personal financial management (PFM) services such as customized product recommendations,” adding, “Based on AI and big data innovative technologies and asset management know-how, we will achieve the popularization and digitalization of asset management and expand ‘digital asset management services for all.’”