Korea's Hana Financial Group moves to Oracle cloud platform

The bank aims to broaden its service offerings by taking advantage of the newest technologies such as AI and blockchain.

ai, blockchain, business continuity, cloud, korea

123RF

Hana Financial Group (HFG) has completed a large-scale migration of its mission-critical applications to the public cloud working with Oracle. The migration is part of HFG’s digital transformation of its operations.

Hana Members, HFG’s integrated membership service and digital financial lifestyle platform with over 15 million users, is taking the lead in the journey to an Oracle Cloud Infrastructure. With the migration, the banks aims to meet evolving customer needs, enhance business efficiency, and adjust to the rapidly changing business environment in the financial services industry.

Unveiled in October 2015, Hana Members enables customers to earn points based on usage of their Hana credit card and other bank services, such as savings, insurance, foreign exchange, and investments. Members can also earn points at participating Hana Money merchants and use those points for various services and payments.

As part of the move, HFG aims to broaden its service offerings by taking advantage of the newest technologies from Oracle, including AI and blockchain.

HFG uses a wide range of Oracle Cloud Infrastructure services, including Oracle Database Cloud Service and Oracle Identity Cloud Service, having migrated the on-premises systems supporting Hana Members in September 2020. These cloud services are helping Hana Members boost operational efficiency and enhance business agility, enabling Hana to better meet customer needs more cost-effectively and with improved security.

“Such a large-scale cloud transformation project is unprecedented in the finance industry, not to mention within HFG,” the company said in a press release. “By migrating these mission-critical systems, Hana Members will benefit from innovation driven at a corporate, strategic level, with a focus on enhancing the quality of life for HFG’s customers.”

The contract was won in a competitive tender that included major local and global cloud vendors. It also strengthens the existing relationship between HFG’s GLN (Global Lifestyle Network) and Oracle.

Internet Explorer Channel Network
News Related

OTHER NEWS

Ex-Labor powerbroker Eddie Obeid released on health grounds after being sentenced to seven years in jail

One of New South Wales’s most notorious politicians, the former Labor powerbroker Eddie Obeid, 77, has been released on health grounds ahead of a bail hearing after he was sentenced ... Read more »

Australian woman is forced to move to a Pacific Island after her partner was denied an exemption to reunite with her 17 times over 551 DAYS despite there NEVER being a case of Covid in his country

Newcastle nurse separated from fiance for 19 months due to closed bordersStephanie Wheeler moved to Solomon Islands to join Tommy Esau in September Though Solomons has no Covid cases, Esau denied travel exemption 17 times Read more »

'A disgraceful, shameful moment.' Yesterday, we witnessed exactly why we need a Federal ICAC.

OPINION © Getty Images ‘A disgraceful, shameful moment.’ Yesterday, we witnessed exactly why we need a Federal ICAC. On Wednesday, in the House of Representatives, something dangerous happened. We got ... Read more »

WA offers $1m reward to help find 4yo Cleo

Police believe four-year-old Cleo Smith was snatched from her tent at a West Australian campsite and have offered a $1 million reward for information leading to her location. © PR ... Read more »

$1 million reward for information which leads to the finding of WA girl Cleo Smith

WA Premier Mark McGowan says there is a $1 million reward for anyone who provides crucial information leading to the finding of Cleo Smith. Four-year-old Cleo Smith was on holiday ... Read more »

Clean-up continues on NSW North Coast after freak storm

A massive clean-up effort is underway for residents along the New South Wales North Coast after a freak storm tore through the region yesterday. Houses were badly damaged, buildings flooded ... Read more »

Cyclist killed in hit-run crash in Victoria's west

A cyclist has been killed in a hit-run crash in Victoria’s west. The exact circumstances surrounding the collision in Ballarat early this morning are yet to be determined. Emergency services ... Read more »

Melbourne's 'Freedom Day' isn't what it seems

© Provided by Daily Mail MailOnline logo Premier Daniel Andrews has snubbed Melburnians as they prepare to leave what has been the longest period of Covid-19 lockdown on the planet.  ... Read more »

Top diplomat says US 'looking for increased ambition' from Australia on emissions targets

America’s top diplomat in Australia has warned the Morrison government that its commitments to cut emissions “will be noticed” by the United States, Europe and China, as the Coalition continues ... Read more »

Incredible footage shows Alex the surfing seal catching waves to enjoy a dinner of tasty fish off a Sydney beach

Incredible drone footage off Sydney shows seal feasting on huge school of fishAustralian fur seal known by locals as Alex was recorded off Bronte Alex uses swell to propel himself into huge ball of bait fish underneath surfers  Read more »

Chinese property giant Evergrande is just 48 hours away from potential collapse - here's how it could spark economic catastrophe in China and Australia is ALREADY suffering

A deal that could have saved Chinese property giant Evergrande fell throughHong Kong-based Hopson Development Holdings pulled out of deal to buy asset Evergrande is $400billion in debt, has missed three annual interest deadlines 30-day grace period on this debt obligation to bondholders expires on Saturday  Read more »

The VERY surprising entrants in lads' mag's 'Hot 100' list: Gladys and Kerry crack rare 'honour' alongside Margot Robbie and champion Olympians

Maxim has released its Hot 100 list featuring 100 Australian inspirational womenGladys Berejiklian came in at 95th followed by Dr Kerry Chant at 96thQueensland Premier Annastacia Palaszczuk also ranked as did Jenny MorrisonParalympic champion Ellie Cole took out the coveted number one position  Read more »

Sydney's once-thriving CBD has been left empty as cautious residents and work-from-home trend devastates city's bars and eateries

Sydney's CBD resembles a ghost town, despite high double vaccination ratesChinatown is also deserted, with a clip uploaded to YouTube telling the story Diners are instead flocking to other venues such as Bondi, Newtown and Manly Read more »

Furious Australians RAGE at new rule for NSW Premier Dominic Perrottet's new $250 Dine and Discover vouchers

NSW families with school-aged children will be given a $250 Discover voucher The single $250 voucher can be claimed from March and are valid until OctoberIt must be used on recreation, entertainment or accommodation, premier saidPart of a $2.8 billion cash splash to get NSW economy moving after lockdownCountless residents lashed voucher and asked why it didn't apply to everyone Read more »

Inside Kerry Packer's big day out at the races and a jockey's VERY cheeky sledge that made the media mogul $20MILLION richer - and changed Crown Casino forever

Former jockey Greg Hall has revealed Kerry Packer's $20m payday at the racesMr Hall told That's Racing on Tuesday of Packer's trackside Derby Day bet in 1993The high-stakes gambler placed a multi-million on his racehorse Mahogany Retired jockey Greg Hall went on to ride the horse to its $20million victory  Read more »

AFL mandates COVID-19 vaccinations

All AFL and AFLW players will need to be fully vaccinated against COVID-19 by mid-February or they will be barred from playing and training. © Julian Smith/AAP PHOTOS All AFL ... Read more »

How a baby-faced gangster shot dead alongside his father in a daylight execution lived like a hoarder with toilets, building junk and even a kitchen sink strewn around the yard

Toufik Hamze, 64, and his son Salim Hamze, 18, died out the front of their rental Police say Salim was the intended target and his father was collateral damage  Neighbours said Hamze senior was a lonely divorcee who kept to himselfHouse is surrounded by toilets, sinks, pipes and rusty sheets of corrugated iron Read more »

Heartbreak as boat trip ends in tragedy with three mates feared dead after two bodies wash ashore and hope fades for the missing third man

Isaiah Dixon, Thomas Courto and Bree-Anna Thomas were reported missingThe trio left from Wynyard on a 17-foot motorboat on Monday at about 12pmFollowing extensive searches two bodies were found on Wednesday afternoon  Read more »

Karen's Diner opens in Sydney - complete with rude waitresses and the 'worst service' of your life... and customers are encouraged to 'complain' to 'The Manager'

Karen's Diner has opened - complete with rude waitresses and bad service The pop-up burger joint has opened its doors at World Square in Sydney 'Karen' has become viral term referencing privileged middle-class white womanThe unique diner plays on this stereotype, encouraging guests to complainDespite offering 'worst service', venue promises great American-style burgers Read more »

Conor McGregor is 'so heartbroken' after revealing that his beloved dog Hugo has died

Conor McGregor shared his grieving process with the world after announcing on Wednesday that his dog Hugo had died.  The 33-year-old MMA superstar shared a bevy of sweet photos with ... Read more »

Detainee hospitalised with COVID-19

A lawyer advocating for detainees being held in a Melbourne hotel with infectious COVID-19 patients has told a court their lives are in jeopardy. © James Ross/AAP PHOTOS Advocates want ... Read more »

Where we've seen this Bachie date before

© Provided by Are Media Pty Ltd After so many seasons of The Bachelorette Australia, history is bound to repeat itself from time to time. And Brooke Blurton and Darvid’s ... Read more »

Prospects firm for net zero emissions deal

© Mick Tsikas/AAP PHOTOS Nationals senator Susan McDonald expects a deal to be struck with the PM on net zero emissions. Australia’s prospects of locking in a target for net ... Read more »

Business calls to address worker shortage

A major employer group has urged Scott Morrison to pull the trigger on loosening international borders to migrant workers and students. © James Gourley/AAP PHOTOS Business has urged Scott Morrison ... Read more »

SAP's cloud business drives quarterly results, raised outlook

The logo of SAP is seen on their offices in Reston, Virginia BERLIN (Reuters) -SAP said on Thursday that demand for its cloud business database was growing as the German ... Read more »

COVID-19 cases on the rise in NSW

NSW will spend its way out of the COVID torpor as fully vaccinated people embrace new freedoms that are likely to see daily cases spike in the coming weeks. © ... Read more »

Father-of-six (going on seven) Dominic Perrottet's $250 cash splash to parents is a HUGE insult to the more than three quarters of NSW who miss out when families get massive tax breaks, writes NIC WHITE

NSW premier offering $250 vouchers to every family with a child at schoolStimulus measure justified as a 'thank you' for homeschooling their own childrenBut just 624,602 households - 22.6 per cent of NSW - have kids the right ageEveryone else will pay most of the somewhere near $156 million and get nothing Read more »

The one question set to 'haunt' Nadia Bartel as she quietly returns to the public eye after white powder scandal

She returned to Instagram on Tuesday night without mentioning the ‘white powder’ scandal that caused her to fall off the grid for six weeks. But Nadia Bartel will find it ... Read more »

Massive job losses, businesses ruined, a mental health crisis and millions of kids who lost more than 35 weeks of school - Dan's lockdown legacy casts shadow over Melbourne's reopening .... and you still can't go to the shops

Melbourne is set to finally open up after months of hard lockdownThe world breaking record lockdown is set to finally end at midnightA series of bizarre restrictions enforced by Premier Dan Andrews will endureStudents endure staggered return to school despite concession for horse racingDeceptive unemployment rates suggest Victorians have been hard at work PM Scott Morrison praised Victorians for surviving 'the battle of a generation'Victoria hit its 70 per cent double vaccination status on Thursday   Read more »

Qld to establish sexual violence officers

Victims of sexual violence in Queensland will soon be supported through investigative and judicial processes with the appointment of 16 specialist liaison police officers.  © Albert Perez/AAP PHOTOS Mark Ryan ... Read more »

Federal Court issues warrant for arrest of alleged fraudster Bill Papas

The Federal Court has issued a warrant for the arrest of alleged fraudster Bill Papas, paving the way for his extradition from Greece, after he “repeatedly disobeyed” court orders. The application was filed by Westpac, ... Read more »

Qld LNP wary about Mackay hospital probe

The Liberal National Party has questioned the independence of a clinical review of alleged patient harm at a public hospital in north Queensland. © Dan Peled/AAP PHOTOS LNP health spokeswoman ... Read more »

Sunshine Coast woman wakes to find man standing over her bed

Police are searching for a young man in Maroochydore, Sunshine Coast who attempted to indecently assault a woman in her 20s while she was asleep in her bedroom. The 26-year-old ... Read more »

EXCLUSIVE: How Phoebe Burgess slammed Lisa Wilkinson and called her bandana-wearing husband Peter FitzSimons a 'looney toon' after comments she made about her marriage to Sam

Retired NRL star Sam Burgess was embroiled in a team sexting scandal  in 2018He was cleared by his club Souths and the NRL integrity unit of any wrongdoingBurgess's former wife Phoebe has claimed the NRL protects wayward playersShe recently expressed support for the woman involved in the sexting scandalPhoebe previously described the sexting as a 'game' and the woman as a 'fangirl' She also criticised Lisa Wilkinson and her husband Peter FitzSimons in the story  Read more »

Shattered girlfriend reveals the heartbreaking final moments of the love of her life before he slammed his bike into a shipping container

Michelle Freeman reveals her partner's final moments in lead up to fatal crashYadina father Ashley McGowan died in a shock motorbike accident on Tuesday39yo veered off Collins Rd in Ninderry before slamming into shipping container Ms Freeman said couple had planned dinner and he usually took the route homeShe said Mr McGowan was an experienced rider who rode professionally  Read more »

Claims Karl Stefanovic 'lobbied for Lisa Wilkinson to get her co-hosting gig on Today' - after she said he gave her the cold shoulder a week prior to her sacking

Do you know more? Email tips@dailymail.com Read more »

The secrets behind Dannii Minogue's age-defying looks are revealed as she turns 50 - from a 'miracle' $89.95 face balm to a special kind of milk

Aussie pop icon Dannii Minogue celebrated her 50th birthday on October 20Her age-defying complexion could be mistaken for a woman decades youngerThe Melbourne-born star swears by a $89.95 mattifying balm for flawless skinShe uses a $73 Ultraceuticals cleanser to keep her complexion bright and clear Read more »

Vic on the fast track to COVID freedoms

Victoria is on track to reach its next major vaccination target ahead of schedule as Melbourne prepares to exit lockdown, meaning more freedoms are fewer than two weeks away. © ... Read more »

Icac: public servant believed Berejiklian wanted business case redone to support shooting club

A senior New South Wales public servant has told Icac he believed he was asked to redo the business case for a multimillion dollar shooting club in Wagga Wagga – ... Read more »

Further sign jobs market is on the turn

A modest rise in payroll jobs in late September could be another early sign Australia’s labour market is on the turn, after a bleak few months when half the population ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic