**What is Mobile Money?** Mobile money is a cashless money storage and payment service by using a mobile phone account. Instead of transacting through...

According to Department of Payment of the State Bank of Vietnam, in the first quarter of 2019, online payment of Interbank systems processed 37 million transactions valued at 21 quadrillion VND which represents an increase in transactions from Q1 2018 by 23% and in the value of transactions by 17%....

On November 14, 2019, Government issued Decree No. 87/2019/ND-CP amending Decree No. 166/2013/ND-CP detailing implementation of Anti-money Laundering regulations, including allowing eKYC , which will enable a transformation to digital banking. With Article 8.2.(a) of this Decree, for the first time, financial and non-financial institutions (also known as accounting subjects...

The importance of digital banking distribution channels will increase in the aftermath of the COVID-19 crisis. There will be a significant acceleration of key digital trends, for example: *Transform the digital customer experience * Since the COVID-19 crisis, online banking activities have increased dramatically and trips to bank branches have...

* What is Open Banking? * As mentioned in the previous article, Open Banking is defined as a system that provides companies and customers with a range of products or services based on open data streams. They are permitted by users, usually through application programming interfaces (APIs). This concept goes...