TORONTO—South Korean bank Hanvit Bank can now check account balances, view transaction histories and initiate fund transfers wirelessly through a deal with mobile-commerce company 724 Solutions.
“Hanvit Bank’s mobile banking solution launch caps a very busy year for our two companies,” said John Sims, chief executive officer (CEO) of 724 Solutions. “The work we’ve done with Hanvit was accomplished in large part thanks to the local partnerships we forged, such as the one announced last month with Koreadotcom to build a wireless application development platform for the South Korean market under the iMobile5 banner.”