Standard Chartered Bank gears efforts to broaden sustainability footprint

Standard Chartered Bank gears efforts to broaden sustainability footprint

Harmander Mahal, head of Consumer, Private, and Business Banking for Vietnam and Asia Cluster Markets at SCB highlights the bank’s activities.
Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity is one of the central issues in the digital transformation of the banking system.
Timo secures $20-million funding led by Square Peg

Timo secures $20-million funding led by Square Peg

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

Equalising access to banking

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

Digital banking and legal issues around electronic documentation

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

Reimagining the customer experience in digital banking

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

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

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

Three strategies for incumbent banks to jump aboard digital lending

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

More fintech partnerships established to ride digital baking wave

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

Pandemic driving digital-first mindset around financial services in Vietnam

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

Banks on the road of digital transformation

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

Financial wellness and digital money management apps to ignite digital banking

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

VIB receives Innovation in Digital Banking 2021 award from The Banker

The Banker has honoured VIB with the Innovation in Digital Banking 2021 award (Mobile).
The keys to digital bank development

The keys to digital bank development

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 

Bold new approach for digital banking 

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. 
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