Shinhyup Strengthens Corporate Banking Services for Corporate and Individual Business Owners

[Asia Economy Reporter Bu Aeri] The National Credit Union Federation of Korea announced on the 4th that it has signed a contract with fintech specialist company 'Aton' to strengthen corporate banking services and has commenced the development project for corporate electronic financial channels.

The core of this project is the new development of a corporate mobile banking service called 'CorporateON Bank (tentative name)' and the revamp of corporate internet banking.

Currently, mobile banking is only available to individual customers, but a new version for business users will be developed, and the corporate banking system established in 2012 will be relaunched with various user-friendly services.

The National Credit Union Federation focused on providing a simple and intuitive UI/UX (user interface and experience) and enhancing corporate convenience service functions that consider the nature of business operations.

It plans to enable easy use of authority management, approvals, various certificate printouts, as well as the introduction of corporate financial certificates and various authentication methods.

Jung Incheol, Head of Digital Finance Division at the National Credit Union Federation, said, "We will make every effort to enable corporations and local self-employed business owners to use the National Credit Union more conveniently through our unique digital human services."