Partnership between LPBank and Finastra to digitise the bank’s treasury offerings highlights the continuing transformation of Vietnam’s banking sector in 2024, but treasury talent could be an issue.
Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
In a recent discussion with CT, Moodey shared details around the bank’s partnership with the ADB and the scope of its trade finance ambitions across Asia’s emerging markets.
The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.