Happy April Fool’s!
Hope we got your attention with the ‘Breaking News’ about the Timo/Momo/Payoo Merger. Sure, it’s only an April fool, though we do wonder about the effects of such a merger.
Truemoney became now already the 28th payments provider to receive the Intermediary Payment Services License from the State Bank of Vietnam (SBV). Check out the list of the 27 other non-bank organizations licensed in Vietnam. On the banking side, we see Vietcombank pushing for digital transformation.
Top Fintech Vietnam News
In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as electronic payment portal, cash collection and payment services, electronic money transfer services, and e-wallet services. (Read more)
TrueMoney Vietnam, part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways. (Read more)
Through innovative business models, products and use of cutting-edge technologies such as artificial intelligence (AI), Big Data, digital identity and the Internet-of-Things (IoT), fintech companies are making significant progress in promoting financial inclusion, according to a new report co-authored by the International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group. (Read more)
The best countries for startups in Asia-Pacific have strong economies, relatively low cost of conducting business, healthy business environments and highly educated populations. Our scoring system is based on available data and each country’s rank across several categories. Lower scores indicate higher ranks, or better locations for startups. (Read more)
The next Industrial Revolution will upend society as we know it and Vietnam is not adequately equipped to ride the upcoming waves of technological convergence, said experts at a conference held by the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi on Monday. (Read more)
The National Payment Corporation of Việt Nam (NAPAS) signed a memorandum of understanding (MoU) on market development co-operation with KEB Hana Card Co., Ltd and Alliex Vietnam JSC.
Fintech Vietnam Jobs of the Month
Top Fintech South East Asia News
FintechNews has put together a list of top Fintech books you must read. This Top Fintech Books list tailors for both beginners and experts who want to get a deeper look into Digital Finance. (Read more)
Initial coin offerings (ICOs) have been all the rage these past years raising an estimated US$4 billion globally. An increasing number of startups, in the blockchain space and beyond, are opting for the novel fundraising method instead of traditional venture capital. (Read more)
With the surge in popularity of blockchain and cryptocurrencies, hundreds of events and conferences are being organized around the world to sensitize top executives and decision makers on the potential of these technologies. (Read more)