digital banking
More than 86 million bank accounts to be terminated from September 1
The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.
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Digital banking services in Việt Nam make remarkable stride
More than 87 per cent of Việt Nam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95 per cent of transactions through digital channels.
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VNBA invites members to attend online seminars on "Digital Banking" and "Fraud Management in Digital Payments"
Vietnam Banks Association (VNBA) continues to coordinate with BPC Banking Technologies - SmartVista Company to organize two in-depth online seminars on "Digital Banking" and "Fraud Management in Digital Payments".
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Banks limits foreign room, waiting for strategic buyers
Commercial banks have been holding back on increasing their foreign ownership ratio, or foreign room, to wait for suitable strategic buyers in the future, according to industry leaders and insiders.
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GenAI’s impact on the financial sector
Vietnam’s financial sector has shown remarkable growth, accompanied by a rising demand for digital services. Managing director and partner Il-Dong Kwon and project leader Luan Nguyen of Boston Consulting Group explain that a comprehensive strategy is imperative in order to bolster competitiveness.
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Future of digital banking hinges on data security: experts
Data security and privacy play a pivotal role in the digital transformation of the finance and banking sector, according to experts.
