digital banking

Timo secures $20-million funding led by Square Peg

January 06, 2022 | 09:26

Timo, Vietnam’s very first digital banking platform, on January 5 announced that it had secured $20-million funding led by Square Peg, a leading global VC firm whose investments include unicorns such as Canva, FinAccel, and Airwallex.

Equalising access to banking

December 14, 2021 | 12:39

Vietnam's very first digital banking platform, Timo has rapidly evolved since 2015 to become the No.1 digital bank in the market. Henry Nguyen, CEO of Timo Digital Bank talked with Bich Ngoc about the company’s strategy to cooperate with different partners to co-develop the still fledgeling field in Vietnam.

Digital banking and legal issues around electronic documentation

December 07, 2021 | 12:08

The development of digital and electronic banking requires the completion of a legal system in related fields, especially regulations on electronic documents.

Reimagining the customer experience in digital banking

October 29, 2021 | 10:32

Vietnam’s digital banking scene has experienced significant changes in recent years, with banks and fintech innovators launching an impressive array of digital tools ranging from mobile payments solutions and wealth management platforms to e-commerce systems. Some of these digital propositions have scaled rapidly, making Vietnam one of Asia-Pacific’s fastest growing markets for digital banking.

Asia-Pacific markets leap forward in digital banking innovation and adoption

October 06, 2021 | 00:25

As consumer use of digital banking accelerates in the Asia-Pacific, the region has become the hub of banking innovation for digital business models.

Three strategies for incumbent banks to jump aboard digital lending

October 05, 2021 | 19:30

Building a new lending product, buying a pre-built platform, or partnering with fintech are the three most viable routes for banks entering digital lending.

More fintech partnerships established to ride digital baking wave

September 29, 2021 | 22:42

As digital banking will become the new norm, more fintech partnerships have been formed to catch up with this trend in Vietnam.

Pandemic driving digital-first mindset around financial services in Vietnam

September 10, 2021 | 13:41

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.

Banks on the road of digital transformation

September 09, 2021 | 08:41

Banks are taking advantage of Vietnam's potential environment to conduct digital transformation to meet increasingly technology-driven consumer demands.

Financial wellness and digital money management apps to ignite digital banking

September 08, 2021 | 16:52

Financial wellness and digital money management apps are potential future sparks for igniting Vietnam’s race for digital dominance in the retail banking sector.

VIB receives Innovation in Digital Banking 2021 award from The Banker

August 17, 2021 | 09:29

The Banker has honoured VIB with the Innovation in Digital Banking 2021 award (Mobile).

The keys to digital bank development

August 02, 2021 | 15:27

With Industry 4.0 having a substantial impact on all aspects of the economy and social life, banks are forced to evolve at exponential speed to meet consumers’ needs.

Bold new approach for digital banking

March 06, 2021 | 10:00

The State Bank of Vietnam (SBV) in late 2020 issued Circular No.16/2020/TT-NHNN amending Circular No.23/2014/TT-NHNN guiding the opening and use of payment accounts at payment service providers, which is one of the prominent legal documents issued to promote the transformation and development of cashless payments.

Timo wins Fastest Growing and Most Innovative Digital Banking awards

January 21, 2021 | 10:08

Timo has achieved a double first at The Global Economics Awards categories, becoming the Fastest Growing Digital Bank and Most Innovative Digital Bank.