Sacombank is one of the first banks to coordinate with Visa and MasterCard to upgrade the 3D-Secure multi-level protection system version 1.0 to 2.0 according to EMV standards for these cards at the bank. Source: https://thanhnien.vn/tai-chinh-kinh-doanh/sacombank-nang-cap-cong-nghe-bao-mat-thanh-toan-truc-tuyen-moi-nhat-1339802.html
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SeABank invests in artificial intelligence, accelerates the digitization of banking operations
Considering digitalization as an important pillar in the bank’s development, Southeast Asia Commercial Joint Stock Bank (SeABank) has continuously upgraded its infrastructure, especially investing in a new artificial intelligence (AI) system. improve the customer experience and optimize the Bank’s operations at the same time. Since 2005, defining technology as a key factor to develop banking
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More than 1 million magnetic stripe cards have changed to chip cards
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) said that the bank has converted over 1 million magnetic cards to chip cards According to Ms. Nguyen Hong Van, Director of Vietcombank Card Center, from September 2019, Vietcombank was one of the first banks to deploy new issuance and convert magnetic cards to contactless
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Vietcombank continues to offer free conversion from magnetic stripe card to chip card
Conversion of cards from technology to chip technology is a requirement for commercial banks (commercial banks) in the period of 2020-2021. This is the opinion of Ms. Nguyen Hong Van – Director of Vietcombank’s Card Center when discussing the bank’s plans and the challenges of implementing chip cards. As a pioneer bank and the implementation
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Penalties for violating traffic laws: Proposal to pay fines via bank chip cards
The handling of violations of traffic safety through bank chip cards is necessary, consistent with the general trend … Each year, millions of cases of administrative violations in the field of transport, with fines of up to thousands of billion. Particularly in the first nine months of 2019, the report of the National Safety Committee
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VIETCOMBANK LAUNCHED SECURE 3D SECURITY FOR INTERNATIONAL DEBIT CARD
In order to enhance the security when paying online by card, from October 1, 2019, Vietcombank officially implemented the 3D Secure security feature for international debit cards. So far, Vietcombank has implemented 3D Secure for all international credit and debit card products bearing the Visa / Mastercard / Amex / JCB brands issued by Vietcombank.
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Opportunities to promote universal cashless payment
Before the event of online payment epidemic, it proved the advantage and this is an “opportunity” to develop non-cash payment methods. Does Vietnam take advantage of this opportunity or miss it? Special opportunity According to Minister of Information and Communications Nguyen Manh Hung, the Covid-19 translation is posing a great challenge for the country, because
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