By Yoon Ja-young
The banking app of the Industrial Financial institution of Korea (IBK) was awarded as one of the best monetary cellular app at a worldwide fintech occasion, the financial institution introduced Thursday.
In response to IBK, its app i-ONE Financial institution received within the class of the Greatest Monetary Cell App on the 2024 Finovate Awards held in New York, Tuesday.
The Finovate Awards are a prestigious international fintech competitors the place monetary establishments and fintech firms from world wide display and exhibit the most recent applied sciences and merchandise within the subject of fintech.
It has been awarding firms which have achieved excellent leads to round 20 classes every year.
The dignity is especially vital for IBK this 12 months because it turned the primary Korean financial institution to win within the cellular banking class, beating robust finalists akin to BNP Paribas, JP Morgan AWM, Finom, Payactiv and Quicken.
IBK’s app was extremely evaluated for repeatedly enhancing its capabilities, design, safety and value ever since launching in Could 2019. The financial institution additionally expanded companies utilizing fintech applied sciences akin to open banking and MyData, creating a superb buyer expertise.
“The administration technique of our CEO Kim Sung-tae, who has harassed digital competitiveness, is internationally acknowledged,” an official on the financial institution mentioned. “We are going to proceed to mirror the suggestions of the shoppers.”