brg vnpt sumitomo and seabank partner up in fintech and smart city

BRG, VNPT, Sumitomo, and SeABank partner up in fintech and smart city

The co-operation agreement on development of fintech and the application of high technology in smart cities between Vietnamese conglomerates BRG group, VNPT group, SeABank, and Japan’s conglomerate Sumitomo group was awarded under the witness of Prime Minister Nguyen Xuan Phuc and representatives of the governments of the two countries.
local cybercrime threats on the rise

Local cybercrime threats on the rise

Though the quick advancement of fintech has helped cashless payments increase in Vietnam, it has also created a fertile land for cyber-criminals to exploit. Luu Phuong reports.  
razer and visa join forces to transform payments in southeast asia

Razer and Visa join forces to transform payments in Southeast Asia

Razer, the leading global lifestyle brand for gamers, and Visa, the world’s leader in digital payments, have announced a first-of-its-kind partnership that will transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users.    
be group and vpbank tie up to roll out payment and financial services

BE Group and VPBank tie up to roll out payment and financial services

BE Group JSC, the Vietnamese owner and developer of the be app, has inked a strategic partnership with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to provide beFinancial, including payment and financial services from 2019.
south korea a strategic partner for vietnams fintech development

South Korea, a strategic partner for Vietnam's fintech development

Vietnam is seeking for opportunities to grow its fintech market from foreign direct investment (FDI), and South Korea is by far one of the most promising strategic partners to boost fintech innovation thanks to its large number of commercial banks operating in Vietnam.
israeli companies seeking co operation in vietnamese fintech

Israeli companies seeking co-operation in Vietnamese fintech

Six leading Israeli fintech companies came to Vietnam to attend the “Fintech – accelerating digital transformation through AI & Automation Technologies” seminar, joining around 100 representatives from firms, banks, and insurance companies from Vietnam.
citi enters partnership with vietnam based fintech payoo

Citi enters partnership with Vietnam-based fintech Payoo

The partnership which facilitates consumer-to-business collections was officiated at Citi Treasury and Trade Solutions’ inaugural ASEAN Fintech Day in Singapore.   
vietnam taken by fintech revolution

Vietnam taken by fintech revolution

Vietnam’s fintech market is predicted to reach $7.8 billion by 2020. What elements will provide the basis of this confident forecast and what pressures will face them? Dr. Nguyen Thanh Binh, lecturer in Finance at the Department of Economics and Finance at the School of Business and Management, Royal Melbourne Institute of Technology’s (RMIT) Vietnam Campus, provides an insight.
fe credit sweeps up new accolades

FE Credit sweeps up new accolades

A leading financial company that caters to millions of Vietnamese people scooped almost a dozen awards in 2018 alone, highlighting its strong standards in innovation and Fintech application in the consumer finance industry.
lotte finance officially launches consumer loan services in vietnam

Lotte Finance officially launches consumer loan services in Vietnam

After acquiring Techcom Finance in last March and receiving the operation license from the State Bank of Vietnam in September, Lotte Finance Company Limited (Lotte Finance) has been preparing, from products to its organisational structure, IT system, standard operation procedures, to launch its services on December 18, 2018.
clermont group urged to help vn build fintech digital banking ecosystem

Clermont Group urged to help VN build fintech, digital banking ecosystem

Deputy Prime Minister Vuong Dinh Hue called on Singapore’s Clermont Group to share its experience with and provide consultations for Vietnam in building and developing an ecosystem for fintech and digital banking. 
microsave and metlife launches financial health programme in vietnam

MicroSave and MetLife launches financial health programme in Vietnam

On November 14, 2018, MicroSave and MetLife Foundation announced the i3 programme at a launching event in Hanoi to improve the financial health of low- to moderate-income communities across the country.
go viet storms into food delivery but takes small steps in fintech

Go-Viet storms into food delivery but takes small steps in fintech

Go-Viet is rushing into Vietnam’s booming food delivery market, but unlike its competitor Grab, the ride-hailing firm prefers a slower approach to fintech services.
how vietnam will adapt to the fintech revolution

How Vietnam will adapt to the fintech revolution

The rapid increase in the number of startups operating in the financial services industry, along with a corresponding increase in investment in this sector, has attracted significant attention from industry observers and the media.
foreign capital finds its way to lucrative local fintech market

Foreign capital finds its way to lucrative local fintech market

Foreign players are eager to join Vietnam’s lucrative fintech market, while local banks have been scaling up co-operation with fintech firms to avail themselves of Industry 4.0 opportunities.