K-BANK · KOREA · CORE BANKING

Core banking for Korea's first internet-only bank, built in eleven months on BX-CBP and BX-PF.

Bankware built K-Bank’s core banking system on BX-CBP and BX-PF in eleven months, covering customers, deposits, loans and payments. The Korean internet-only bank opened in 2017.

Internet-only BankSouth KoreaBX-CBPBX-PFSince 2017

AT A GLANCE

Core banking for Korea's first internet-only bank.

Customer-wide figures, such as user or transaction counts, are the customer’s own and not Bankware delivery results.

Build

11Months

Core banking system built in eleven months on BX-CBP and BX-PF.

Opened

2017Launch

K-Bank opened in 2017 on the Bankware core.

Corporate banking

2018Extension

Corporate banking system added on the same platform in 2018.

ABOUT THE CUSTOMER

K-Bank, Korea's first internet-only bank.

K-Bank received Korea's first internet-only bank licence in 2016 and opened in 2017. The bank reported more than 15.5 million customers at year-end 2025.

General facts about the customer. They are not results of Bankware’s work.

THE CHALLENGE

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.

THE BANKWARE ENGAGEMENT

BX-CBP and BX-PF, with BX-CBB and BX-M underneath.

What Bankware delivered: the products, scope and role in this engagement.

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.

BX-CBP

Core Banking Platform

Core banking for customers, deposits, loans and payments.

BX-PF

Product Factory

Configuration of K-Bank's deposit and loan products.

BX-M

Java Development Platform

Java development platform for the core system (2016).

THE RESULT

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.

Customer-wide figures, such as user or transaction counts, are the customer’s own and not Bankware delivery results.

11 months

Core system build

2017

Opened on BX-CBP

2018

Corporate banking added