Bank Kiosk News – Shinhan Bank launches unmanned ID system

By | December 2, 2015

Shinhan Bank has launched a new digital banking system that allows users to authenticate themselves without visiting a bank window.The bank’s move reflects the ever-intensifying competition in the mobile banking sector, as well as the entry of Internet-only banks next year.The bank presented Wednesday “Sunny Bank,” a mobile platform that allows users to open an account through mobile authentication, and Digital Ki…


“What marks our system is that it may authenticate the user even without an identification card or other documents,” said the bank’s president Cho Yong-byeong.

“Users can easily make financial transactions after working hours, and the bank can save operating costs and improve the quality of the services.”

For instance, those who have lost their debit card over the weekend or have to increase their transaction amount limit urgently may visit a nearby Digital Kiosk instead of waiting until Monday for bank windows to open, according to officials.

The bank currently operates 24 Digital Kiosks in the metropolitan area and is planning to expand the number and the geographic range. The service is available from 9 a.m. to 9 p.m. on weekdays and from noon to 6 p.m. on weekends and holidays.

Author: Staff Writer

Craig Keefner -- With over 40 years in the industry and technology, Craig is widely considered to be an expert in the field. Major early career kiosk projects for him include Verizon Bill Pay kiosk and hundreds of others. Craig helped start kioskmarketplace before leaving. Note that the point of view here on kioskindustry is not necessarily the stance of the Kiosk Association or