KB Securities Launches Open Banking Service: "One-Stop Management and Investment Across Multiple Financial Institutions"

[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 21st that it will launch an open banking service that allows users to view and transfer accounts from multiple financial institutions with a single application on its mobile trading system (MTS) M-able, home trading system (HTS) H-able, and website.

The company explained that this service was prepared to enhance customer convenience by providing a financial application that enables one-stop investment along with account management across multiple financial institutions.

KB Securities' open banking service offers functions such as checking balances and transaction history of registered accounts from other financial institutions, transfers, fund aggregation, and charging.

In particular, the charging function allows immediate transfer of funds from registered accounts at other financial institutions with a single charge button on the purchase screen when additional funds are needed due to insufficient deposit when buying stocks or financial products, reducing the hassle of leaving the purchase screen for charging. When transferring funds from other financial institutions, including charging, to KB Securities or other financial companies through the open banking service, the transfer fee is zero.

Additionally, users can utilize convenient account management features such as viewing account lists by product and institution, changing account order, setting nicknames, hiding accounts, registering and canceling withdrawal accounts, and deleting accounts.

KB Securities will also hold an event to commemorate the launch of the open banking service until the 31st.

The first event, the ‘Quiz Event,’ will provide one Vita 500 exchange coupon each to the first 10,000 domestic individual customers who answer the quiz correctly.

The second event, ‘Register for Open Banking and Receive a No-Loss Lottery Ticket,’ will give various prizes such as Shinsegae gift certificates, Baskin-Robbins ice cream exchange coupons, Starbucks Americano exchange coupons, and Vita 500 exchange coupons to the first 10,000 domestic individual customers who register for open banking for the first time, based on the lottery results.

Ha Woo-sung, Head of M-able Land Tribe, said, “With the launch of the open banking service, it is expected that assets from multiple financial institutions can be managed at once through KB Securities, allowing us to expand KB Securities’ specialized asset management services.”

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