Hana Financial Group

Qraft Technologies Expands Partnership with Hana Life to Become World’s First Life Insurance Company to Deliver a Full Lineup of AI-powered Variable Life Insurance Products

Retrieved on: 
Wednesday, February 14, 2024
Technology, Insurance, Finance, Fintech, Professional Services, Health Insurance, Software, Health, Asset Management, Artificial Intelligence, Artificial intelligence, AI, Intelligence, Risk, COVID-19, Bond fund, Hana Financial Group, Partnership, Medical device

Qraft Technologies , a leading invest-tech company developing artificial intelligence (AI) solutions, announces the launch of three additional variable life insurance funds powered by Qraft’s proprietary AI models.

Key Points: 
  • Qraft Technologies , a leading invest-tech company developing artificial intelligence (AI) solutions, announces the launch of three additional variable life insurance funds powered by Qraft’s proprietary AI models.
  • The new funds were developed in partnership with Hana Life Insurance, a subsidiary of Hana Financial Group, include: The AI US Equity Fund, AI US Bond Fund, and AI Global All-Weather Multi-Asset Fund which originally came to market on February 1st.
  • Spanning a relationship that began in 2019, Qraft and Hana Life have now brought to market a total of six AI powered funds that fall under the Hana Life Variable Life Insurance Series.
  • The previous three products include: AI Global Equity Fund, AI Global Equity Balanced 60 Fund, and AI Global Equity Balanced 70 Fund.

GLN Expands Korean Domestic Banking Partnerships Hands with DGB Daegu Bank to Expand Global Payment Network

Retrieved on: 
Tuesday, October 24, 2023
Shift, Bucheon Hana 1Q, ATM, DGB Daegu Bank Park, Hana Bank, Hana Financial Group, MOU, Kookmin Bank, GLN, QR, Bank

SEOUL, South Korea, Oct. 24, 2023 /PRNewswire/ -- GLN International (GLN), the cross-border payment network company established by Hana Financial Group, signed MOU with DGB Daegu Bank to expand the global payment network.

Key Points: 
  • - GLN Continues to Expand partnerships with Korean Financial Groups, Enhancing Domestic Influence to Lead the Global Payment Market Paradigm Shift
    SEOUL, South Korea, Oct. 24, 2023 /PRNewswire/ -- GLN International (GLN), the cross-border payment network company established by Hana Financial Group, signed MOU with DGB Daegu Bank to expand the global payment network.
  • GLN (Global Loyalty Network) is a global payment network service provider which connects international financial institutions, distribution networks, and loyalty program providers.
  • DGB Daegu Bank's decision to join the GLN network is based on the commitment to offer Korea-led payment services to its customers.
  • DGB Daegu Bank is also planning to continuously introduce new financial services, including tuition payment service for international students.

GLN Expands Korean Domestic Banking Partnerships Hands with DGB Daegu Bank to Expand Global Payment Network

Retrieved on: 
Tuesday, October 24, 2023
Shift, Bucheon Hana 1Q, ATM, DGB Daegu Bank Park, Hana Bank, Hana Financial Group, Multimedia, MOU, Kookmin Bank, GLN, QR, Bank

SEOUL, South Korea, Oct. 24, 2023 /PRNewswire/ -- GLN International (GLN), the cross-border payment network company established by Hana Financial Group, signed MOU with DGB Daegu Bank to expand the global payment network.

Key Points: 
  • - GLN Continues to Expand partnerships with Korean Financial Groups, Enhancing Domestic Influence to Lead the Global Payment Market Paradigm Shift
    SEOUL, South Korea, Oct. 24, 2023 /PRNewswire/ -- GLN International (GLN), the cross-border payment network company established by Hana Financial Group, signed MOU with DGB Daegu Bank to expand the global payment network.
  • GLN (Global Loyalty Network) is a global payment network service provider which connects international financial institutions, distribution networks, and loyalty program providers.
  • DGB Daegu Bank's decision to join the GLN network is based on the commitment to offer Korea-led payment services to its customers.
  • DGB Daegu Bank is also planning to continuously introduce new financial services, including tuition payment service for international students.

Hana Technologies Announces New Branding

Retrieved on: 
Wednesday, October 11, 2023
Mobile, Wireless, Hardware, Electronic Design Automation, General Automotive, Technology, Automotive, Fashion, Semiconductor, Other Manufacturing, Retail, Other Technology, Manufacturing, Trust, Hana Financial Group, DNA, Knowledge, Environment, Growth, Nature, Marketing

Hana Technologies, Inc. is proud to announce the launch of the new Hana brand.

Key Points: 
  • Hana Technologies, Inc. is proud to announce the launch of the new Hana brand.
  • Today Hana introduced a completely new look that matches the transformation Hana Technologies has made as a company.
  • “I am excited about the launch of our new brand look,” says Hana Technologies President and CEO Dr. John H. Erdmann.
  • Hana Technologies Inc. is part of the HANA Microelectronics Group, with a combined high-tech manufacturing space of 1,000,000+ square feet and yearly revenue over $700M.

Chubb Appoints Edward Kopp to Lead Far East Region

Retrieved on: 
Thursday, August 17, 2023
Insurance, La Salle University, Hana Financial Group, Ed, Chubb Limited, HSBC Insurance (Asia Pacific), Cigna, Business administration, Three Mile Island accident health effects, Kopp, Region, Accident, Country, Property insurance, Management, Chubb, Far East

ZURICH, Aug. 17, 2023 /PRNewswire/ -- Chubb Limited today announced that Edward Kopp has been appointed Regional President, Far East.

Key Points: 
  • ZURICH, Aug. 17, 2023 /PRNewswire/ -- Chubb Limited today announced that Edward Kopp has been appointed Regional President, Far East.
  • Kopp will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance, the company's general insurance operations in 51 countries and territories outside North America.
  • Kopp succeeds Diego Sosa who, as previously announced, was named Country President, Chubb Mexico and General Manager, Chubb Seguros Mexico.
  • Since joining Chubb in 2012, he also has served as Deputy Country President & Chief Operating Officer for Chubb in Korea and Country President for Chubb in Thailand.

GLN and KB Join Forces to Establish Global Payment Network

Retrieved on: 
Monday, December 19, 2022
Goyang KB Kookmin Bank FC, KB, KB Financial Group Inc, GLN, Multimedia, MOU, Hana Financial Group, Hana Bank, ATM, Partnership, Tutoring, Bank

SEOUL, South Korea, Dec. 18, 2022 /PRNewswire/ -- GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network.

Key Points: 
  • -         KB Kookmin Bank to provide mobile payment and ATM withdrawal service to customers in Thailand, Taiwan, Singapore, Japan, Vietnam, Laos, Hong Kong, Guam and others through GLN
    SEOUL, South Korea, Dec. 18, 2022 /PRNewswire/ -- GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network.
  • GLN (Global Loyalty Network) is global payment network service provider which connects international financial companies, distribution channels and reward point providers so that users can enjoy cross-border mobile payment, ATM withdrawal service and remittance.
  • KB Kookmin Bank's application KB Starbanking, LiivNext, KB Wallet users will also be able to use GLN's cross-border mobile payment and withdrawal service, based on MOU signed between GLN and KB.
  • KB Kookmin Bank decided to join GLN network as agreed on needs to provide Korea-driven payment service to customers whereas previously having to rely on foreign-driven network processors".

Canadian Premier enters agreement with Sun Life to grow association, affinity, and group creditor business

Retrieved on: 
Monday, December 13, 2021
COVID-19, Hana Financial Group, TSX, TD, Bermuda, Nature, Risk, IFRS 4, Securian Financial Group, PSE, Sun Life Financial, Insurance, LLP, Acquisition, Private Securities Litigation Reform Act, Association, Guarantee Security Life Insurance Company, Torys, News, Industry, Face, Forward-looking statement, Solution, SLF, SLA, United Kingdom, BLG, NYSE, Financial services, Health insurance, Bank

Canadian Premier continues to invest in and grow its business in Canada, both organically and through strategic acquisitions and partnerships.

Key Points: 
  • Canadian Premier continues to invest in and grow its business in Canada, both organically and through strategic acquisitions and partnerships.
  • The acquisition adds scale to Canadian Premier's core creditor insurance product suite and provides Canadian Premier with an opening to adjacent markets in the association and affinity business.
  • "Canadian Premier is a great fit to take over our association & affinity and creditor group insurance businesses.
  • Canadian Premier is a wholly-owned subsidiary of Securian Financial Group, Inc. To learn more about Canadian Premier, visit www.canadianpremier.ca .

NIPPON Platform and Global Loyalty Network (GLN) Led by Hana Bank Announce Strategic Business Partnership

Retrieved on: 
Monday, February 17, 2020
Professional services, Online Retail, Retail, Technology, Mobile, Wireless, Software, Banking, Hana Financial Group, Economy of South Korea, Hana, Korea Exchange Bank, Seoul, Companies, Cities in Asia

NIPPON Platform Co., Ltd. (Head Office: Tokyo, Japan, Founder and CEO of Overseas Business: Jun Takagi) and Hana Bank (Head Office: Seoul, Republic of Korea, President & CEO: Ji Sung-Kyu) have entered into a strategic partnership to expand Hana Financial Group's global alternative payment hub, Global Loyalty Network (GLN), in Japan.

Key Points: 
  • NIPPON Platform Co., Ltd. (Head Office: Tokyo, Japan, Founder and CEO of Overseas Business: Jun Takagi) and Hana Bank (Head Office: Seoul, Republic of Korea, President & CEO: Ji Sung-Kyu) have entered into a strategic partnership to expand Hana Financial Group's global alternative payment hub, Global Loyalty Network (GLN), in Japan.
  • GLN is a Global Alternative Payment Hub that involves a total of 58 companies from 14 countries around the world.
  • Hana Financial Group is a leading South Korean financial group providing integrated services through its subsidiaries, including Hana Bank.
  • Seoul Bank was established in 1959, Korea Exchange Bank was established in 1967, Hana Bank was established in 1991

The Scion Group and Hana Financial Group Acquire Four U.S. Student Housing Properties

Retrieved on: 
Tuesday, November 12, 2019
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Hana Financial Group, Hana, Grafting, Economy of South Korea, Companies, Behavior

The Scion Group (Scion) and Hana Financial Group (Hana) announced today that their joint venture recently completed the acquisition of a four-property portfolio of high-end student housing communities totaling 3,275 bedrooms.

Key Points: 
  • The Scion Group (Scion) and Hana Financial Group (Hana) announced today that their joint venture recently completed the acquisition of a four-property portfolio of high-end student housing communities totaling 3,275 bedrooms.
  • The transaction represents the first investment completed by a recently formed joint venture between affiliates of both Scion and Hana.
  • Scion has focused exclusively on the student housing sector since its inception in 1999 and has invested in over $6 billion of student housing projects.
  • Hana Financial Group is Koreas leading Global Financial Group with over 186 branches in 24 countries.

Hana Financial Secures a New $100 Million Factoring Credit Facility, with Accordion Feature Approved up to $300 Million

Retrieved on: 
Friday, May 31, 2019
Professional services, Banking, Finance, Economy, Finance, Money, Accounts receivable, Working capital management, Corporate finance, Factoring, Fundamental analysis, Draft:Accord Financial, Hana Financial Group

Hana Commercial Finance, Inc. (HCFI), the factoring and trade finance subsidiary of Hana Financial, Inc., announced today that it has closed a new factoring credit facility through the issuance of $100 million of Series 2019-1 Factoring Contract Backed Notes (the Series 2019-1 Financing).

Key Points: 
  • Hana Commercial Finance, Inc. (HCFI), the factoring and trade finance subsidiary of Hana Financial, Inc., announced today that it has closed a new factoring credit facility through the issuance of $100 million of Series 2019-1 Factoring Contract Backed Notes (the Series 2019-1 Financing).
  • The Series 2019-1 Financing also includes an accordion feature, which will enable HCFI to increase the total facility size to $300 million at the discretion of HCFI.
  • Founded in 1994 by Sunnie S. Kim, Hana Financial, Inc. is a Los Angeles based, diversified financial services firm specializing in factoring, asset based lending, and SBA lending.
  • Since in inception, Hana Financial has reached over $25 billion in factoring volume and loan originations.