The top 5 benefits of AI in banking and finance The strategic deployment of AI in banking and finance can bring substantial benefits. Learn about how AI tools are transforming financial services and the risks to be mindful of. The rationale for this is understandable. From improving staff and customer experiences to boosting back-office processes, […]
How does Big Data use in Modern Banks?
How does Big Data use in Modern Banks? Let’s take a closer look at the tasks that Big Data can help within modern banks, as well as how it can help with cybersecurity and client loyalty. Handling data before and now A normal bank customer – let’s call him Spencer – strolled into a branch […]
Asia Commercial Bank is Most Recommended Retail Bank in Vietnam
The Most Recommended Retail Bank in Vietnam? In the inaugural BankQuality Consumer Survey and Ranking, which involved 11,000 bank customers in 11 markets across the region, Vietnam’s Asia Commercial Bank (ACB) was selected the Most Recommended Retail Bank in Vietnam and ranked 10th in the Asia Pacific. Asia Commercial Bank enhanced customer experience through strategic […]
The future of retail, mobile, online, and digital-only banking technology in 2021
The future of retail, mobile, online, and digital-only banking technology in 2021 Banks around the world are leveraging new technologies to streamline their operations and provide users with the most convenient experience. Digitalization is changing how people interact and do business on a day-to-day basis, and advancements in banking technology are continuing to influence the […]
Vietnam retail banking: Technology is key to success
Vietnam retail banking: Technology is key to success 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 […]
Banking on technology: 5 tech trends every bank should be prepared for in 2021
Banking on technology: 5 tech trends every bank should be prepared for in 2021 Technology-enabled risk management has become indispensable to help banks mitigate the impact of the pandemic, in addition to the inherent systemic issues. The year 2020 has carved a niche for itself in recent history in terms of the sheer disruption and […]
Technology in Banking: 10 Innovations That Will Impact Future of Banking
Technology in Banking: 10 Innovations That Will Impact Future of Banking Banking is undergoing a technological churn right now due to rising competition from fin-tech startups and increasing concern for cyber-security. Today, we are going to look at 10 technologies that are going to impact the future of banking sector! FSI sector in general, and […]
Why Agile Is Now Essential for Banking
Why Agile Is Now Essential for Banking 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 […]
CORE banking of commercial banks in Vietnam
CORE banking of commercial banks in Vietnam Flexible CORE Banking system is the key competitive advantage with enhanced processing ability of day-to-day transactions. It does not only deliver a faster banking service in making deposits, issuing loans but also create a smoother customer experience for Internet and Mobile Banking. As a result of economic recovery, […]