Digitization digital transformation

Singapore (VNA) – Tien Phong Commercial Joint Stock Bank (TPBank) of Vietnam is working with Backbase, a digital banking software provider based in the Netherlands, to put forth the Vietnamese bank’s digital transformation process on a secure, efficient and sustainable digital platform. The digital transformation has enhanced TPBank’s value proposition in delivering high quality and digital-first products and services to its customers and partners. With Backbase’s solutions, it takes TPBank only nine months to successfully revamp its mobile and internet banking system, which was in development from the past decade. The introduction of comprehensive digital banking back-end services from Backbase has helped the Vietnamese bank shorten the time to develop new products and accelerate time to market, as the bank has to spend only 10 months to migrate nearly 3 million customers to the new platform. Riddhi Dutta, Regional Head for ASEAN and India of Backbase, told … [Read more...] about TPBank, Backbase cooperate to accelerate digital transformation

The Lao Ministry of Science and Technology has chosen Unitel as an adviser in the building of e-government and smart health system. In early August of this year, it received two Asia-Pacific Stevie Awards in the categories of “Innovation in Public Administration Services” and “Innovation in Products and Services for Consumers.” … [Read more...] about Unitel assists Lao government in digital transformation

In addition, Unitel has handed over a civil status management programme to the Lao Ministry of Home Affairs. Thanks to this programme, all citizenship data has been uploaded to the system, improving the capacity to manage data and information about people, and helping reduce administrative procedures. This is the first time that Laos has implemented the management of electronic civil status instead of the registration of civil status as before. … [Read more...] about Unitel recognised for contribution to Laos’ digital transformation

Nguyễn Tuấn Phú, founder cum CEO of CNV Loyalty said: “With only the cost of VNĐ50 - 150 million, significantly lower than building a customer care system in a traditional way, Loyalty designs a customised application for the business with its own brand to interact directly with customers. The advantage of this technology is that it can reach customers at a lower cost than email and text messages. In particular, the rate of accessing customers accurately up to 95 per cent.” … [Read more...] about Start-up CVN Loyalty receives VNĐ11 billion investment

According to the firm, the COVID-19 pandemic has shown the importance of digitisation for businesses and its super app "will be a big turning point for MoMo to continue as a pioneer model, leading the race and setting new rules in a competitive fintech market serving those businesses." … [Read more...] about MoMo e-wallet aims to be a regional ‘super app’