Aton Begins Building ShinHyup Corporate Smart Banking System

[Asia Economy Reporter Hyungsoo Park] Aton announced on the 5th that it has signed a contract with the National Credit Union Federation of Korea (NACUFOK) to build corporate internet banking and mobile banking services worth a total of 6.7 billion KRW. The contract size is the second largest since Aton's founding. The largest contract was the next-generation smart banking system construction project worth 7.6 billion KRW won from Gwangju Bank last year.

Aton will build new internet banking and mobile banking channels for NACUFOK's corporate and individual business customers. The new internet banking service will be developed as an independent channel, separated from the existing system. Various report functions such as certificates, transaction history, and transfer confirmation will be added to enhance convenience.

The mobile banking service will be launched as a separate, independent new application from NACUFOK's existing 'OnBank'. To provide continuous corporate banking without location restrictions, the permissions and approval lines set in internet banking will be applied identically to strengthen connectivity.

Aton developed the country's first mobile trading service (MTS) in the early 2000s, before mobile banking became widespread, and supplied it to major securities firms. It has experience building various smart solutions within mobile platforms operated by the financial sector, including fintech security authentication solutions.

Woo Gilsu, Aton's Chief Operating Officer (COO), said, "We will actively support NACUFOK to respond quickly to the rapidly changing financial environment by contributing to acquiring new customers and increasing customer retention rates through innovative financial channels that enhance convenience and usability."

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