Core banking for Korea's first internet-only bank, built in eleven months on BX-CBP and BX-PF.
K-Bank received Korea's first internet-only bank licence in 2016. Bankware built its core banking system, covering customers, deposits, loans and payments, in eleven months on BX-CBP and BX-PF, and the bank opened in 2017.
Core banking for Korea's first internet-only bank.
K-Bank, Korea's first internet-only bank.
K-Bank received Korea's first internet-only bank licence in 2016 and opened in 2017. K-Bank reports 13.1 million customers as of 2025.
A complete core banking system, in place before a new bank opens.
As a new internet-only bank, K-Bank needed a full core banking system for customers, deposits, loans and payments ready before it could open.
BX-CBP and BX-PF, with BX-CBB and BX-M underneath.
The core system was configured on BX-CBP with BX-PF for products, BX-CBB for common financial components and BX-M as the Java development platform. In 2018 Bankware extended the platform with a corporate banking system, and it continues to provide operations and maintenance for the core system.
Running since the 2017 opening, extended to corporate banking in 2018.
The core system has run since K-Bank opened in 2017. In 2018 Bankware added a corporate banking system on the same platform. In 2023 the system was handling about 16 million transactions a day on BX-CBB.
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