NH Nonghyup Bank said on March 30 that it will expand the scope of its MyData-based “hidden assets finder” service to mutual finance from March 31 to improve convenience for financial consumers.
Previously, customers had to select and connect their financial products separately by financial company. After the overhaul, users can check at once assets spread across financial institutions by selecting only the sector, such as banking, insurance or mutual finance. Identified assets can be handled through a one-stop process, including closure, balance transfers and donations.
The service can also link hidden assets to donations, enabling their use for public interest purposes. As a result, the service is expected to contribute to protecting the rights and interests of financial consumers and to spreading a culture of giving.
Kim Ju-sik (김주식), deputy head of NH Nonghyup Bank’s AI Data Division, said the bank will continue to expand customer-focused asset management services in an AI- and data-driven environment. He said it will contribute to strengthening the rights and interests of financial consumers and realising inclusive finance.
Ji-young Lee
ljy@d-today.co.kr