KB Kookmin Card Achieves Highest Grade in Product Processing System 'Data Quality Certification'... Industry First

Product Processing System Data
Consistency Rate 99.99%

On the afternoon of the 21st, at the Data Quality Certification Award Ceremony held at the Korea Data Industry Promotion Agency in Jung-gu, Seoul, Lee Dong-cheol, President of KB Kookmin Card (left), is holding the platinum grade certification plaque, the highest grade of 'Data Quality Certification,' and posing for a commemorative photo with Min Ki-young, Director of the Korea Data Industry Promotion Agency.

[Asia Economy Reporter Ki Ha-young] KB Kookmin Card announced on the 22nd that it has become the first in the card industry to receive the highest platinum grade in the data quality certification category at the data quality assessment conducted by the Korea Data Industry Promotion Agency for its 'Product Processing System (Account System)'.

Data Quality Certification (DQC-V) is a system supervised by the Korea Data Industry Promotion Agency under the Ministry of Science and ICT that evaluates and certifies the data quality of systems built and utilized by companies or public institutions. Quality grades are divided into three levels: platinum, gold, and silver, based on evaluation results. The highest platinum grade is awarded when the data consistency rate, which indicates the proportion of data fields conforming to rules, is 99.97% or higher.

Regarding this certification, KB Kookmin Card underwent a comprehensive assessment of factors affecting quality such as ▲data standards ▲business rules ▲data patterns ▲allowable ranges ▲code values ▲integrity ▲standard definitions for over two months since July on more than 6 trillion records of product processing system data, achieving a consistency rate of 99.99%.

Notably, the certified product processing system is the source system where various card-related transaction data such as card payment approvals and card usage details are collected and generated, and it also influences the processing results of analytical systems like data warehouses and big data systems.

A KB Kookmin Card official stated, "This certification is significant in that the company’s data quality level itself has been inspected and the reliability of data consistency has been recognized internally and externally by an authoritative institution." He added, "We plan to continue company-wide efforts to enhance data quality competitiveness to the highest level and to continuously secure data integrity, the lifeblood of data, so that we can gain trust from customers and various partners when promoting new data-related businesses such as MyData."

This content was produced with the assistance of AI translation services.