Kookmin Bank Selected as Candidate for Introducing Electronic Signatures in the Public Sector

Launched in July 2019, Currently Serving 5 Million Users

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 8th that it has been selected as a candidate project operator for the pilot project to expand the introduction of electronic signatures in the public sector, led by the Ministry of the Interior and Safety.

This project involves the pilot introduction of various private electronic signature services on public websites in addition to the official certificate, with a total of nine operators participating and five operators selected for on-site inspection.

Launched in July 2019, the KB Mobile Certificate is currently used by 5 million customers, with an average monthly authentication count of approximately 25.56 million over the past year. The KB Mobile Certificate is a private certificate developed with in-house technology by KB Kookmin Bank, featuring advantages in security and convenience.

The 'KB Mobile Certificate' allows customers to log in easily by choosing the most convenient method such as pattern, fingerprint, or Face ID (for iPhone users) instead of a complicated password. When conducting financial transactions, the transaction is completed by entering only a six-digit simple password without the need for a security card or OTP. Additionally, it is the only domestic bank that applies security technology not only to software but also to hardware, storing the certificate in an independent secure area to enhance stability and reliability.

A KB Kookmin Bank official stated, “Through the KB Mobile Certificate, it is expected that more simple and convenient non-face-to-face transactions will be available on public websites such as Hometax Year-end Tax Settlement Simplification, Government24, and 국민신문고 (Gukmin Sinmungo).”

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