GoBear Vietnam inks deal with FE Credit Business

GoBear Vietnam inks deal with FE Credit

GoBear, Asia’s first and only metasearch engine for insurance and banking products, and FE Credit, the largest lender in Vietnam’s consumer finance market, have signed a deal to drive greater financial inclusion for Vietnamese people.
Forum talks future of retail banking in Industry 4.0 Business

Forum talks future of retail banking in Industry 4.0

The trend of cashless payment and digitalisation in personal banking services is generating major opportunities and challenges to banks, especially amid Industry 4.0, according to a 2017 report on banking services compiled by IDG Vietnam Co. Ltd.
Banks urged to serve low earners Business

Banks urged to serve low earners

Vietnam has significant room to promote inclusive finance, given 70 percent of its population is living in rural areas and many are locked out of the conventional banking system due to low income, experts have said.
Mobile pay threatens banks: experts Business

Mobile pay threatens banks: experts

Foreign tech giants are set to jump into the mobile payments market on both the paying and receiving sides of the transaction, thus posing a threat to local commercial banks payment market share.
Eximbank to deploy new banking software Business

Eximbank to deploy new banking software

The Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) will use India- based Infosys’ new software Finacle Core Banking for its banking products and services and internal management.
Business

Credit organisations upbeat about business performance

Most credit organisations and branches of foreign banks in Vietnam have shown their optimism about business prospects in 2015, according to a survey conducted by the Statistics and Forecast Department under the State Bank of Vietnam.