Which payment gateway should you use for your ecommerce store? With dozens of online payment processing options to choose from, it can be a complicated decision. Everyone who is new to ecommerce will tell you that the most difficult task isn't ...
The OMG Finance Domain Task Force (OMG FDTF) was created to develop sustainable business and technology standards that will promote the notion that Data and its Semantics are the DNA of financial services. Some standards that the FDTF are currently working on including: ...
As mentioned on our FinTech page and confirmed by, among many others, the World Retail Banking Report 2016, partnerships and collaborations in various forms and shapes are the future in the relationships between banks and FinTechs.Several examples have shown different approaches and vi ...
You may have heard the relatively new term “FinTech” bandied about, but what actually is it? And why is it important for all entrepreneurs to know about and understand?FinTech stands for Financial Technologies, and in its broadest definition, that’s exactly what it is: technologi ...
Check Clearing for the 21st Century Act paves way for deposit automation When the Check Clearing for the 21st Century Act (Check 21) became effective in 2004, it opened the door to innovative deposit processing. The legislation allows image replacement documents created ...
Currently, most Vietnamese banks provide internet banking services to customers. These services may include internet banking, online trading, and mobile banking. One critical aspect of internet banking is security. Confidentiality, integrity, and privacy are important e ...
Wealth management as an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance ...
Despite current economic challenges, Vietnam’s banking sector has promising longer term potential due to its relatively young and increasingly affluent population. Vietnam’s banking sector suffers from problems of inefficiency, undercapita ...
It can be seen that the Vietnamese economy in the first decade of the 21st century has a significant development in the banking sector. Commercial banks represent a big role in this development. The banks’ capital rose rapidly and became an important factor in Vietnam ...
2016 HIGHLIGHTSCredit showed slower growth while deposit was boosted, which reflected economic conditions and new policies.Overall deposit rate slightly increased by 0.2-0.4% due to banks’ high demand for deposit. Meanwhile, SBV aimed to maintain low interest rat ...