Hana Bank Officially Launches Open API Platform "Hana API On"

Hana Bank announced on March 5 that it has completely revamped its existing open API platform and officially launched it under a new brand name, "Hana API On."

This overhaul was carried out to enhance the quality of services and improve customer satisfaction, as Hana Bank's API services have been utilized more than approximately 56 million times per month on average, making it one of the industry's top platforms.

"Hana API On" provides Hana Bank's core financial services and data in the form of APIs, allowing a wide range of companies, including fintech startups, to easily integrate financial functions into their own services. Beyond simply offering APIs, the platform focuses on improving convenience and introduces a testbed feature that enables pre-verification under conditions similar to the actual operating environment, minimizing development errors.

The overall UI and UX of the platform have been revamped to create an intuitive process from API exploration to application, authentication procedures, and access to guides. The platform also supports mobile web environments. In addition, it now provides real-time exchange rates for 58 currencies, available 24 hours a day, 365 days a year, improving accessibility to foreign exchange information. Users can now check their limits for various credit loan products without logging in or submitting documents. It is also possible to open an account immediately through partner platform channels without restrictions of time or place.

Through this platform overhaul, Hana Bank plans to put "inclusive finance" into practice by lowering the barriers to financial services and expanding access, while also strengthening its role in "productive finance" by supporting partner companies in creating new business opportunities.

A Hana Bank representative stated, "We plan to put inclusive finance into practice by lowering the barriers to financial services and expanding access, while also strengthening our role in productive finance by supporting partner companies in creating new business opportunities. Going forward, we will continue to expand collaboration with startups and partner companies."

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