Korbit adds Shinhan Certificate option for account linking, cutting wait times

Virtual asset exchange Korbit has introduced the Shinhan Certificate for its Shinhan Bank account-linking process, aiming to improve user convenience.

Korbit announced Tuesday that it has added the Shinhan Certificate — Shinhan Bank's electronic-signature-based authentication service — as an identity verification option when linking bank accounts.

Previously, users were required to verify their identity through an automated response system, or ARS, when linking accounts. Going forward, they can choose between ARS and the Shinhan Certificate.

Using the Shinhan Certificate lets users complete the account-linking process without waiting for an ARS connection. Korbit said the addition streamlines the account-linking process and enhances security by leveraging Shinhan Bank's authentication infrastructure.

"The introduction of the Shinhan Certificate allows users to choose the authentication method that best suits their needs," said Lee Jeong-woo, Korbit's chief technology officer and chief product officer. "We will continue to upgrade our services to provide a more convenient and secure experience, putting the customer first."

Meanwhile, Korbit has maintained a real-name verified account partnership with Shinhan Bank since 2018.