Woori Bank announced on Aug. 4 that it will participate in the 2022 D-Test Bed Project of the Fintech Center Korea under the Financial Services Commission.
Woori will provide financial data that startups will use in order to promote new businesses. The project will test the innovativeness and effectiveness of fintech-related ideas using financial data.
Woori Bank established Financial Data Dam, a financial industry community, for joint research on financial trends in May 2021. This year, mobile carrier KT will join the project to provide data.
Financial Data Dam plans to continuously expand the field of different industries as a community where members collaborate on the simplification of pseudonym processing processes for data collection, loading, distribution, joint research and development, data sharing and utilization.
As data from seven companies are provided to the D-Test Bed Project, the project will have the largest-ever number of combined data providers.
Participating companies include Woori Bank, Woori Card, Kyobo Life Insurance, Mirae Asset Securities, NICE Investors Service and KT.
The financial activity data includes banking, credit card, insurance, securities, credit rating and mobile telecommunication service data, and information consisting of about 400 attributes. It will take de-identified, anonymous forms in compliance with requirements and procedures.
“As various companies participate in data provision, we expect positive synergies,” a Woori Bank official said. “We will work harder to help create a data ecosystem by activating data transactions through participation in government policy projects.”
Real Estate Information Program on Woori Bank YouTube Channel
Woori Bank announced on July 28 through the official Woori Bank YouTube channel that it will provide the real estate information program “Wonderland Growth Period Step 2”.
“Wonderland Growth Period Step 2” is designed to provide interesting real estate-related knowledge, such as consulting on real estate issues and problems, real estate financial product solutions, and how to use the real estate platform Wonderland. Step 2 is the second part following Step 1 in June.
The theme of “Wonderland Growth Period STEP 2” is “Jeonse” loans for young people preparing for their independence.
Jeonse Fund Loan, a government policy product, is a housing and city fund product that provides low interest rates to end users such as the poor and young people who need financial support.
In addition, various prizes will be given through lottery to customers who check watch contents on Woori Bank’s official YouTube channel and sign up for Wonderland membership or apply for a mortgage loan at Woori Bank by August 28.
Event details can be found on Woori Wonderland Application and the event page of Woori WON Banking.
“Woori Bank, as a trustee bank for the Housing and Urban Fund, will provide accurate and useful information so that young people will be able to address their real estate problems and grow with Wonderland,” a Woori Bank official said.
Woori WON Banking 3rd Anniversary Event
Woori Bank announced on Aug. 15 that it will hold an integrated event “WON&Now!” WON Banking customers can participate in this event at Woori WON Banking until Sept. 30.
The 3rd Anniversary Happy Start Event provides prizes through a lottery to customers who signed up for Woori WON Banking for the first time and customers who participated in a message posting event.
The “Let’s Create a Better World Together” Event gives bags and dolls made by social enterprises to customers who donated money. Woori Bank receives a donation of 1,000 won from each customer who participated in the event.
When total donations reach 100 million won, the funds will be delivered to the National Center for the Rights of the Child which makes effort to help missing children return to their families.