Finance

IBK Industrial Bank of Korea expands public MyData to corporate deposit services

IBK Industrial Bank of Korea is expanding the use of public MyData so it can electronically verify documents needed for corporate customers’ financial transactions. After first applying the service to corporate lending, it will also introduce it to deposit-taking services such as deposits. The bank said it is the first in the financial sector to apply the Interior Ministry’s corporate public MyData service to corporate deposit operations.

Fintech

Sh Suhyup Bank introduces electronic Braille service to improve access to financial information for visually impaired customers

Sh Suhyup Bank has introduced an electronic Braille service on its personal internet banking platform to improve access to financial information for visually impaired customers. The service provides key information such as transaction and transfer history and certificates in Braille file format. The bank applied the feature to 23 major menu items from Oct. 16. Users can download Braille files and view them on Braille devices or print them.