Microsoft had previously dominated the Korean computing experience and this had much to do with its virtual monopoly on Internet technologies used for encrypted communication like online banking and electronic commerce.
However, with local banks starting to allow their customers to move money online on non-Microsoft Web browsers like Firefox and Chrome, the country could be witnessing the beginning of the end of the Microsoft monoculture.
Spearheading the ``open banking’’ trend was Woori Bank, which expanded its online banking service beyond Microsoft’s Internet Explorer (IE) browsers in July to support Firefox, Chrome, Safari and Opera users, who were also enabled to access the services from computers run on non-Microsoft operating systems like Linux and Apple’s Macintosh OS.
And it now appears that the Industrial Bank of Korea (IBK) is looking to tweak its online banking service to make it available on Linux and Apple computers too. IBK’s revamped Internet services will be accessible on a variety of browsers and will also support Microsoft’s latest IE 9. The bank will sign a company by October to redesign its Internet banking system.
Just a quick note to those who are interested in a status update from Korea. Kim Tong-hyung writes in the Korea Times that a number of major Korean banks are moving towards e-banking systems that will be cross-browser compatible vs. what is available today, which is IE.
The short story is that online banking with Firefox or Chrome is still a long-way off, but we can now foresee such a future, whereas before the changes by the Korea Communication Commission (KCC), such a future was impossible to consider.
--Bill Gates [PDF]