Hana Bank said Thursday it has launched Hana API On, a comprehensive revamp of its open API platform, a system that lets outside companies connect to and use banking functions.
The bank said the overhaul aims to improve API service quality and strengthen user convenience. Its API services are used more than 56 million times a month on average, it said.
Hana API On provides the bank’s key financial services and data in API form, designed to help fintech startups and other companies more easily integrate banking features into their own services.
Beyond offering APIs, the platform focuses on usability for development and operations. It also adds a testbed that allows pre-verification under conditions similar to a live environment to improve service stability.
The platform’s UI and UX were redesigned to make steps from API search to application, authentication and guide review more intuitive, and it supports mobile web use.
For partners, it offers core APIs including: 24-hour real-time exchange rates for 58 currencies; non-login credit loan limit inquiries; and instant account opening through partner platform channels.
Hana Bank said the revamp is intended to expand access to financial services and support partner companies in creating new business opportunities.
“Hana API On is a platform that connects finance and industry based on openness and connectivity in the digital era,” a Hana Bank official said. “We will continue to expand collaboration with startups and partner companies.”
* This article has been translated by AI.
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