Vietnam

Standard Chartered Thailand: First Blockchain Based Cross-Bank Letter of Credit

Thailand’s Standard Chartered completed its first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain between Vietnam and Thailand. The transaction was done in partnership with Asian Development Bank (ADB) and the Bank for Investment and

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3 Hurdles Vietnam has to Overcome to Become a Fintech Leader

The fintech industry has been growing steadily in Vietnam, fueled by increasing smartphone and Internet penetration, the country’s young population, and its rising middle class. According to the lastes Fintech Map  the number of fintech companies in Vietnam has increased

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Finastra Upgrades VPBank’s Legacy Core Banking System For Treasury Operations

Finastra has helped VPBank separate its treasury operations from its legacy core banking system with its Fusion Kondor and Fusion Risk solutions. Delivered through Finastra’s Fusion Adopt implementation program, this move to a modern system will enable the bank to

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Digital Risks Of Mobile Apps Are On The Rise

Recently, a security firm looked into the apps available on Google Play Store and the App store stated that over 85% of those apps violates at least one security risk. About half of these applications had insecure data storage or

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Korea’s $2 Billion Unicorn Toss Join Forces With CIMB Bank Vietnam For In-App Banking Solution

Alongside big names like China and Singapore, South Korea is a rising star in the Asian tech giant battlefield. This nation of 50 million people is known for its tech-savvy population and general wealth – unsurprising for a country that

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Vietnam’s Challenger Timo Changes Banking Partner, Cuts Ties with VPBank

Vietnam’s digital banking platform Timo has warned that from September 8, 2020, existing customers will no longer be able to access their accounts at Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) through the Timo app and web platform. Customers wishing to

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Major Vietnamese Bank Selects Temenos for Digital Wealth Management

Temenos, the banking software company, today announced that Military Commercial Joint Stock Bank (MB) has selected Temenos Infinity Wealth to deliver digital wealth management services to Vietnamese private banking customers. The implementation will be supported by Temenos’ partner, Syncordis. MB

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Vietnamese Digital Investment Platform Realstake Secures Seed Funding from 500 Startups

RealStake announced today that it has successfully closed seed funding from 500 Startups Vietnam and various angel investors. RealStake aims to digitise and democratise consumer investment in Southeast Asia. It launched in Vietnam in 2019 by enabling retail real estate

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Ex-Skype Co-Founder Bags Yet Another US$ 50 Million For His Lending Startup to Expand into Vietnam

Oriente, a lending startup headquarted in Hong Kong and operating in the Philippines (via Cashalo) and Indonesia (via Finmas), announced today that they have secured a fresh capital injection of approximately $50 million in its on-going Series B funding round. Dr.

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5 Fastest Growing Fintechs in Vietnam According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

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