White-Labelled, Cloud-Based Mobile Banking Security Solutions for KEB Hana Bank
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Assets held by KEB Hana Bank
Merger between Korea Exchange Bank and Hana Bank
Introducing KEB Hana Bank
Based in Seoul, South Korea, KEB Hana Bank is the result of the 2015 merger between Korea Exchange Bank and Hana Bank.
KEB Hana Bank enjoys a global reach: it operates in 24 countries across the Asia-Pacific, Middle East, Americas and Europe.
It is also South Korea’s leading commercial bank, holding assets of more than US$ 255 billion.
Challenges
KEB Hana Bank’s clients and customers include some of the wealthiest enterprises and private individuals in South Korea. However, it also operates in other key markets – including Germany.
To build consumer confidence and cement its position in the German banking sector, KEB Hana Bank needed to deliver a corporate banking experience that withstood the challenges of modern-day malicious cyber-attacks.
Solution
KEB Hana Bank sought a security partner that could deliver seamless protection without negatively impacting on its user experience.
After a rigorous market assessment, it chose to enlist KOBIL's white-labelled mobile banking app to meet its security needs and ensure the ongoing protection of its global client base.
The 100% cloud-based solution provides app shielding, stronger customer authentications and protected transaction authorizations through KOBIL's four key security features:
- Smart Security Management Server
- PKI-based authentication
- End-to-end encryption through our Digitanium channel
- Virtual smart card technology
Result
Senior leaders at KEB Hana Bank (Germany) are now much more confident in the service they offer their clients, knowing every transaction and authorization is protected by the world’s most secure online banking processes.
KEB Hana Bank’s position a trusted and reliable banking institution continues to strengthen across Germany. We look forward to working together for many years to come.