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Search Results: 846 results for keyword "payment".
Cyber threats slow down rise of cashless payments
21-02-2020 08:00
Vietnamese lenders and fintech groups are catching up with international peers on kick-starting the economy and promoting cashless transactions in the face of the coronavirus outbreak, but greater advancement always comes with new risks.
World Bank aid 'leakage' may flow to tax havens: Study
20-02-2020 10:12
World Bank aid payments to the neediest countries appear to trigger money flows to offshore bank accounts, suggesting funds are siphoned off from the nations they are meant to help, according to a study published on Tuesday (Feb 19).
SBV reneges on 49 per cent FOL proposal for fintech companies
12-02-2020 14:57
The State Bank of Vietnam (SBV) has reneged on its intentions to add a 49 per cent foreign ownership limit for payment intermediaries and fintech firms in the draft decree on non-cash payments.
Banks, fintech firms promote cashless payments during epidemic
10-02-2020 12:25
To prevent the spread of the new strain of coronavirus in Viet Nam, customers are encouraged to adopt cashless payment methods.
Consumers lean towards modern payment methods
20-01-2020 11:27
A new study has found that the majority of Vietnamese cardholders is interested in using biometric authentication methods such as fingerprints or facial recognition to complete transactions, rather than the traditional PIN method or passwords.
Securing the country’s digital payments future
06-01-2020 14:29
As Vietnam heads towards a cashless economy, security issues around the digital payments system need to be addressed to accelerate cashless transactions.
State Bank sets cashless payments as top priority for 2020
06-01-2020 11:50
The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.
Insurance sector to supply more online services at level four
04-01-2020 10:38
The Prime Minister has approved a project on accelerating the supply of level-four online services in the field of insurance and other public services based on data sharing between the Vietnam Social Security and related sectors.
Regulatory sandbox: the key to fintech success
03-01-2020 08:30
After a rapid development over the past few years, the Vietnamese fintech startup ecosystem is now home to more than 150 companies and brands, covering a broad range of services from digital payments and alternative finance to wealth management and blockchain.
Reflecting reality for foreign owner ratios
01-01-2020 09:14
A recent draft decree from the State Bank of Vietnam raised eyebrows with its contents on ownership ratios for overseas groups when it comes to payment intermediary services. Lawyer Pham Duy Khuong, managing director of ASL LAW, writes about whether or not the foreign ownership limit should indeed be restricted for such services.
Chip tech to support e-pay ecosystem
01-01-2020 09:11
Vietnam aims to complete its contactless card migration by 2021, leveraging joint efforts between the government and other stakeholders, with particular support from leading digital payment organisations.
Grab to pour additional $500m into Viet Nam on favourable business conditions
23-12-2019 10:39
Southeast Asias largest ride-hailing firm, Grab,has announced plans to invest an additional US$500 million in Viet Nam over the next five years to expand its services and payments networks taking advantage of favourable business conditions in the country.
Payment-related solutions attract most funding in Vietnamese fintech
22-12-2019 17:03
Financial technology (fintech) firms offering payment-related solutions secured the most funding in Vietnam, according to the FinTech in ASEAN: From Startup to Scale-up report released by United Overseas Bank (UOB), PwC, and the Singapore FinTech Association (SFA).
Vietnam committed to opening door in service sector
18-12-2019 11:21
Vietnam is committed to opening door for foreign investors, especially in the field of services, according to the roadmap in signed bilateral and multilateral free trade agreements.
Seven Hong Kong Airlines planes impounded by authority
17-12-2019 15:00
Cash-strapped carrier Hong Kong Airlines has had seven idle planes impounded at the city's airport after it failed to make payments, authorities said on Tuesday (Dec 17), with the firm hit by a plunge in tourist numbers caused by long-running protests.
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