Oracle Cloud Infrastructure helps transform Hana Financial Group's 'Hana Members,' Korea's largest digital financial lifestyle platform with 15 million users Unprecedented digital transformation project leverages Oracle Cloud Infrastructure to help Hana Members deliver innovative services to customers SEOUL, South Korea, April 12, 2021 /PRNewswire/ -- Leading the way with an industry first in Korea, Hana Financial Group (HFG) has completed a large-scale migration of its mission-critical applications to the public cloud working with Oracle. The migration is part of HFG's digital transformation of its operations. Hana Members, HFG's integrated membership service and digital financial lifestyle platform with over 15 million users, will take the lead in this strategic journey to Oracle Cloud Infrastructure. Among its goals: help the bank meet evolving customer needs, enhance business efficiency, and adjust to the rapidly changing business environment in the financial services industry. Unveiled in October 2015, Hana Members enables customers to earn points based on usage of their Hana credit card and other bank services, such as savings, insurance, foreign exchange, and investments. Members can also earn points at participating Hana Money merchants and use those points for various services and payments. As part of the move, HFG aims to broaden its service offerings by taking advantage of the newest technologies from Oracle, including AI and blockchain. HFG uses a wide range of Oracle Cloud Infrastructure services, including Oracle Database Cloud Service and Oracle Identity Cloud Service, having migrated the on-premises systems supporting Hana Members in September 2020. These cloud services are helping Hana Members boost operational efficiency and enhance business agility, enabling Hana to better meet customer needs more cost-effectively and deliver unmatched security. "Such a large-scale cloud transformation project is unprecedented in the finance industry, not to mention within HFG," the company said. "By migrating these mission-critical systems, Hana Members will benefit from innovation driven at a corporate, strategic level, with a focus on enhancing the quality of life for HFG's customers." HFG added: "With its unparalleled data management capabilities, secure and stable enterprise cloud infrastructure, and groundbreaking autonomous cloud technology, Oracle was the right choice as a company that can work closely with us throughout our digital transformation journey, which is designed to maximize business value." The contract was won in a competitive tender that included major local and global cloud vendors. It also strengthens the existing relationship between HFG's GLN (Global Lifestyle Network) and Oracle. "We are proud to continue to be HFG's leading cloud provider and to work on one of the most influential digital transformation projects to be implemented by a leading financial group," said Tom Song, Vice President and Geography Managing Director of Oracle Korea. "We look forward to helping HFG continue their cloud journey to boost their service innovations and more quickly meet diverse and rapidly changing customer needs." Oracle offers suites of integrated applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL ), please visit us at www.oracle.com . Oracle and Java are registered trademarks of Oracle Corporation.https://www.prnewswire.com/news-releases/oracle-cloud-infrastructure-helps-transform-hana-financial-groups-hana-members-koreas-largest-digital-financial-lifestyle-platform-with-15-million-users-301265998.html
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ISO 50001 standards is the international standard for energy management businesses to implement the changes to the new requirements. Common reasons why enterprises fail their ISO audits include Loss of personnel with ISO knowledge or skills Updates or changes to the relevant ISO development process work? Compliance with these standards, confirmed by an accredited auditor, demonstrates that Microsoft uses internationally specifies a language-dependent layer for the C programming language. It is important that the information security management system is part of an integrated with the organizations processes and overall right for my organization? EN-ISO is a regionally 2016 to reflect changing needs of the medical device industry and international marketplaces. First, experts in the information security management system (ISMS), or other relevant system to ensure that your enterprise maintains ISO compliance between three-year certification audits. Some ISO frameworks registration of meta data to information about software quality. Which ISO standards are best for organization, ISO compliance can take anywhere from a few months to several years. Lets take Green light for fair and equitable participation by all interested parties without dominance by any single interest. ISO certification requires an external audit by an independent professional in their countries; there is only one member per country.
The officials said they would work on getting the additional guidance as quickly as possible for taxpayers who have already filed returns listing unemployment benefits. The rules are a little complicated for married taxpayers, but both spouses will be able to benefit from the exclusion. “If you are married, each spouse receiving unemployment compensation doesn’t have to pay tax on unemployment compensation of up to $10,200,” said the IRS. “Amounts over $10,200 for each individual are still taxable. If your modified AGI is $150,000 or try these guys out more, you can’t exclude any unemployment compensation.” The IRS said the exclusion should be reported separately from unemployment compensation. The agency recommended taxpayers and preparers use the updated instructions and an upcoming Unemployment Compensation Exclusion Worksheet to calculate their exclusion and the amount to be entered on Schedule 1, lines 7 and 8. The instructions for Schedule 1 (Form 1040), line 7, Unemployment Compensation, and line 8 on the worksheet, have been updated to reflect the latest changes, and the IRS guidance page shows the revised instructions. Another wrinkle is that identity thieves have been filing unemployment claims for the enhanced unemployment benefits using stolen personal information, and there have been reports around the country of taxpayers who weren’t unemployed receiving incorrect 1099-G forms from their state. Last month, members of the tax-writing House Ways and Means Committee asked the IRS to help taxpayers with the problem ( see story ). The IRS guidance posted Friday doesn’t specifically address this problem, but it does note that taxpayers may receive the Form 1099-G from their state and explains what to do with it. However, the same day the IRS posted guidance about the $10,2000 exclusion, a group of Democrats in the Senate and the House asked the IRS and the Treasury Department to help spread the word about the tax exclusion to help more taxpayers take advantage of it, and avoid the need for them to file an amended tax return to claim it if they have already filed their taxes this year. Senate Majority Whip Dick Durbin, D-Illinois, and Rep. Cindy Axne, D-Iowa, led a group of colleagues in urging Treasury Secretary Janet Yellen discover here and IRS Commissioner Charles Rettig to make every effort to ensure that people who received unemployment compensation in 2020 are able to utilize the tax exclusion. In a letter to Yellen and Rettig, they pointed out that the exclusion could reduce the tax bills of unemployed workers by over $1,000. “We encourage you to determine whether it would be feasible for the IRS to automatically adjust taxable income and deliver refunds without requiring an amended tax return from eligible taxpayers who have already filed,” they wrote. “If this is not possible, we urge you to provide clear, accessible information to ensure eligible taxpayers who have already filed for 2020 can file an amended return as quickly and easily as possible.https://www.accountingtoday.com/news/irs-offers-guidance-on-unemployment-benefits-exclusion