More NewsIndustrial Bank of Korea Goes Live on Temenos

Industrial Bank of Korea Goes Live on Temenos

Temenos has revealed that Industrial Bank of Korea (IBK) has gone live on its CoreBanking offering. The system, which went live last month, enables IBK to have non-stop processing and shorter product development periods. IBK stands as one of Asia’s top 100 banks in assets. CoreBanking, jointly implemented by IBM Korea and IBK, will operate IBK’s 391 branches throughout Korea, offering 24/7 non-stop processing. These branches serve 10 million customers with 15 million active accounts, and their 2,358 ATMs/CDs generate an average of 10 million transactions per day, peaking at 15 million.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha