Open Banking 2025: From data to personalized financial experiences with AI
The year 2025 marks a transformational shift in the Finance – Banking industry as Open Banking combines with Artificial Intelligence (AI) to deliver highly personalized financial experiences – faster, smarter, and better aligned with each individual’s needs. In the Open Banking ecosystem, where financial data is securely and transparently shared via APIs, AI acts as […]
Elevating security standards for online banking services in Vietnam
On October 31, 2024, the State Bank of Vietnam issued Circular No. 50/2024/TT-NHNN, establishing regulations on security and confidentiality for online banking services -marking a strategic step in building a robust legal foundation for Vietnam’s digital banking ecosystem. As digital banking services rapidly expand and cyberattacks and data breaches become increasingly common, the banking sector […]
Savyint & Kryptus: Collaboration to build open banking security standards
Open Banking is experiencing remarkable development in many countries. To ensure that open banking operates effectively and securely, it is particularly important to establish and adhere to a system of technical standards. With their expertise, Savyint and partner Kryptus have collaborated to develop a specific security standard system for each component in open banking. The […]
Open Banking takes flight in Vietnam
On December 31, 2024, the State Bank of Vietnam officially issued Circular No. 64/2024/TT-NHNN, setting the regulatory foundation for Open Banking through the implementation of Open Application Programming Interfaces (Open API) within the banking sector – a key driver of digital finance innovation globally. Open Banking is a new financial ecosystem in which banks and […]
