Shinhan Bank Launches 'Shinhan Certificate' for Public Services

Sequential Implementation on 55 Public Institution Sites Including Seoul City ETAX and National Tax Service Hometax

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 1st that it has launched the Shinhan Certificate, based on an electronic signature certification service recognized by the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA), the first in the financial sector.

The Shinhan Certificate is a new customer authentication service based on Shinhan SOL, storing customers' certificates in the smartphone's secure area and significantly enhancing security and convenience through PIN and biometric authentication, effectively preventing leakage and unauthorized use.

Any Shinhan SOL customer can issue the Shinhan Certificate in just 10 seconds within Shinhan SOL, and with a validity period of three years, it can be used conveniently without the hassle of annual renewal. Shinhan Bank plans to apply the Shinhan Certificate to all electronic signature-required services within Shinhan SOL this month.

In particular, Shinhan Bank signed a business agreement with the Ministry of the Interior and Safety last October to expand the introduction of electronic signatures in the public sector among electronic signature providers. Starting with Seoul City ETAX this month, the Shinhan Certificate will be sequentially expanded to 55 public institution sites, including the National Tax Service Hometax, Government24, and the National Health Insurance Service.

A Shinhan Bank official stated, "With the launch of the Shinhan Certificate, customers can conveniently use Shinhan Bank’s stable operation and highly secure electronic signature services at public institutions," adding, "We will continue to expand the use of the Shinhan Certificate for various services requiring certification, such as MyData services."

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