In recent years, the financial sector in Vietnam has witnessed significant growth, driven by economic expansion, increased financial inclusion, and a rapidly digitizing society. Central to this transformation is the CORE (Centralized Online Real-time Exchange) banking system, which has become the backbone of modern banking operations. CORE banking in commercial banks in Vietnam plays a […]
In today’s fast-paced, technology-driven world, the banking industry has undergone significant transformation, much of which is fueled by the utilization of Big Data. Modern banks are leveraging vast amounts of data generated by daily transactions, customer interactions, and digital activities to gain insights, make informed decisions, and improve their services. This article delves into how […]
As we move deeper into the digital age, the landscape of banking is undergoing a profound transformation. Digitalization is changing how people interact and conduct business on a day-to-day basis, and advancements in banking technology continue to shape the future of financial services worldwide. The increasing demand for a digital banking experience from millennials and […]
Together with the increasing use of mobile devices and the internet, fintech could provide tools to improve access to financial and banking services for individuals, especially those in rural areas. The retail banking segment in Vietnam has seen stellar growth over the past decade with around 40 percent of the revenue at certain banks now […]
The FSI sector, in general, and banking in particular, are undergoing a technological churn right now. The reasons are twofold: changing customer expectations and improved technological capabilities. Rising competition from fintech startups that use technology to create unique customer experiences around banking and other financial services has forced large banks to respond by innovating themselves. […]
Real change comes from within. The success of technology firms today (and the best hope for banks tomorrow) depends on refocusing development — not to solidify the organization, but to adapt to the customer. This process requires transforming the entire business process to make change an integral part of the process. The solution is an […]
