Five Shinhan Financial Group affiliates join the MyID Alliance as Growth partners.
Shinhan Investment Corp., Shinhan Card, Shinhan Life, Orange Life and Jeju Bank — all affiliates of Shinhan Financial Group — have joined the MyID Alliance as Growth partners, expanding the alliance to a coalition of 78 partners.
Zzeung identity verification is already in place at Shinhan Bank, where it serves as the identity check when you change your login method in the SOL app, and the plan is to keep widening its use across the many non-face-to-face financial transactions inside SOL. On top of that, the five new partners — Shinhan Investment Corp., Shinhan Card, Shinhan Life, Orange Life and Jeju Bank — are currently discussing how to connect the Zzeung identity verification issued by Shinhan Bank to their own services, and will be working together with us to put MyID-based identity verification to use.
Shinhan Card (www.shinhancard.com)
Shinhan Card is the financial brand that the greatest number of customers know and the greatest number of customers use. A specialized credit finance company handling credit cards, installment financing and related business, Shinhan Card made a fresh start in 2007 through the merger of Shinhan Card and the former LG Card, and has been leading the future of the card industry ever since on the strength of the best customer base and service capabilities in the business.
Shinhan Life (www.shinhanlife.co.kr)
Shinhan Life is an affiliate of Shinhan Financial Group, offering a wide range of products and insurance services tailored precisely to customer needs on the back of a comprehensive financial network. Through its practice of "warm insurance" — the ambition to build a warmer world through insurance — the company works to deliver the true value of insurance and help customers realize their dreams.
Shinhan Investment Corp. (www.shinhaninvest.com)
Shinhan Investment Corp. is a wholly owned subsidiary of Shinhan Financial Group and a front-runner in Korea's financial investment industry, providing cutting-edge financial services grounded in in-depth research, industry-leading international and derivatives operations, stable product management and an advanced risk management framework. The sweeping network of Shinhan Financial Group — spanning banking, cards, life insurance and more — plays a major role in enabling Shinhan Investment Corp. to reach across the walls between financial sectors and deliver a diverse set of services.
Jeju Bank (www.e-jejubank.com)
Since its founding in 1969, Jeju Bank has played a pivotal role in the economic development of the Jeju region, growing steadily as a regional bank cherished by local residents. After becoming a subsidiary of Shinhan Financial Group, it adopted advanced customer management techniques, management control frameworks and a variety of business systems, grafting a systematic, scientific approach onto its existing community-rooted operations to create new value for regional banking.
Orange Life (www.orangelife.co.kr)
Orange Life brings together the business know-how and expertise accumulated over many years as a global insurer with unrivaled capital strength, the strongest in the industry. In 2017, its 30th anniversary year, the company completed a successful listing on the securities market and grew into a specialist insurance firm. Through moves such as launching the industry's first low-surrender-value whole life insurance and obtaining a patent for iTOM, a sales activity management model built around customer management, Orange Life responds nimbly to change and continues to reinvent itself as a young, energetic, self-innovating and customer-centered organization.
