Right in the first week after the app electronic know your customer/client (e-KYC), the Tien Phong Commercial Joint Stock Bank (TPBank) has seen nearly 5,000 customers registering to open their accounts through the bank’s mobile app.
The Bank of Thailand (BoT) is finishing the testing of facial recognition software for the electronic Know Your Customer (e-KYC) technology in the regulatory sandbox, paving the way for banks to offer passbook account opening through mobile banking apps in the second quarter of 2019.
The Vietnamese Government will continue to support and solidify legal regulations on cashless payment systems, Deputy Prime Minister Vuong Dinh Hue told Anthony Tan, CEO and co-founder of Grab – a ride-hailing platform in Southeast Asia which has been popular in Vietnam over the past five years.
The list of 16 finalists in the Fintech Challenge Vietnam (FCV) – the first-ever financial technology contest in the country has been officially announced, according to the Asian Development Bank (ADB) in Vietnam on March 20.
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