The digital banking race is heating up in Vietnam, spurred on by the COVID-19 pandemic which made it absolutely crucial for banks to step up their digital transformation strategies.
Incumbent banks have risen up to the challenge by ramping up technology adoption, while a handful of other banks took the approach of developing stand-alone virtual banks
With digital banking steadily penetrating in Vietnam and some estimates predicting that it rises to US$8 billion in 2020, Vietnam is a fertile ground for digitally focused banks to thrive.
In this exclusive webinar with Fintech News, we speak with some top industry leaders from MoMo and Digitech Innovation, to deep dive into the digital banking transformation efforts in Vietnam.
Key Discussion Points
- State of fintech and digital banking transformation in Vietnam
- Vietnam’s regulatory development for virtual banks and cloud adoption
- How incumbent banks react to opportunities and compete in the digital banking space
- Anthony Thomas, Chairman of MoMo
- Claude Spiese, Senior Advisor of Digitech Innovation
- Director, Digital and Cloud Product and Strategy of Finastra
Moderated by: Vincent Fong, Chief Editor, Fintech News Malaysia
IDC Financial Insights predicts that by 2023, US$3.4 billion will be invested into digital channels for online and mobile development as well as platform capabilities in APAC.
The pandemic and movement restrictions that were put in place forced many of us to rely on digital banking channels and this trend is expected to be on the rise as the crisis does not seem to be abating.
With an increasingly digital population, digital onboarding becomes a bank’s first point of interaction with their customers, and it’s crucial for banks to ensure a seamless and secure
• Shailesh Grover, Chief Digital and Innovation Officer, Hong Leong Bank, Malaysia
• Michael P. Magbanua, First Vice-President Group Head of Operations and Shared Services, UnionBank, Philippines
• Natee Srirussamee, Executive Director - Head of Retail Digital, UOB Thailand
• Frederic Ho, Vice President, APAC, Jumio
Register here: https://bit.ly/2HpQSEA
The Singapore FinTech Festival (SFF) is the world’s largest and most inclusive FinTech event that brings together heads of state, financial and technology leaders, FinTech founders, policy makers, investors and multilateral agencies. Last year, the week-long event brought together over 60,000 attendees from 140 countries.
This year, SFF returns on 7-11 December with a unique hybrid format combining a 24-hour online event platform and over 40 global satellite events in FinTech hubs around the world. In December, SFF will unite the global FinTech community to discuss key global challenges, with a focus on post-pandemic recovery.
Learn more at https://www.fintechfestival.sg/
The world’s largest gathering for insurance innovation and transformation, InsureTech Connect, is coming to Asia. InsureTech Connect Asia (ITC Asia) will bring together more than 1500 insurance industry leaders, investors and entrepreneurs from across the Asia-Pacific region. The conference will also feature over 150 C-suite speakers, 50+ sessions, 100+ exhibitors and dedicated networking opportunities for groups and 1:1 meetings.
At ITC Asia, you will see why APAC is such a hotbed for innovation and growth, explore the unique characteristics and growth strategies of each Asia-Pacific country, understand "must-know" regional dynamics when looking to operate successfully in the region and see the latest innovations in cyber, life, digital health, micro-insurance and peer-to-peer, among many others.
Register via the link here and enjoy $200 off* the current pricing on ITC Asia's website.
*Please note that the discount will be reflected at checkout.