Friday, 2 December 2022

Best Corporate Payment Implementation in Vietnam - Techcombank

5 min read

By The Asian Banker

A successful corporate payment implementation project is one that enables real-time, secured completion of low or high-value transactions. It supports end-to-end supply chain and has high straight-through processing (STP) and exceptions processing capabilities. It supports multiple business goals, accounts and currencies, regardless of messaging formats. It utilises multiple channels or devices at the lowest possible cost per transaction, it has minimum error rates and manages regulatory compliance. The implementation process starts with a clear business case, it balances the risks involved, considers a variety of alternative approaches and delivers the project within the given time and budget.

The winning bank developed an intuitive payment integration project to improve payment, collection, and reconciliation services. The bank posted a 44% growth year on year (YoY) in payment transaction volume while transaction value increased by 79% YoY, through its payment implementation initiative. The Best Corporate Payment Implementation in Vietnam goes to Techcombank.

 

About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The global research company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. Visit www.theasianbanker.com for details.

You may visit the Excellence in Retail Financial Services page at  http://awards.asianbankerforums.com/retailfinancial/

 

For further information on the collaterals for winning banks, please contact:

Mr. Mobasher Zein Kazmi

Head of Research

Tel: (+61) 452 514 145

Email: mkazmi@theasianbanker.com



Leave your Comments
Recent Comments



From Our Sponsors
From the Web