Banking software program firm Temenos has introduced that Vietnam Public Industrial Joint Inventory Financial institution (PVcomBank) has launched PVConnect utilizing Temenos Digital on Amazon Net Providers (AWS).
This new cellular banking platform PVConnect, which is powered by Temenos Digital, goals to boost the banking expertise for over a million clients.
The Temenos platform’s agility permits PVcomBank to innovate repeatedly with low/no code instruments and introduce new options repeatedly.
Key options of PVConnect embrace digital ID account opening, telephone number-based account administration, personalised financial savings merchandise, invoice funds, QR code cash transfers, and a house display screen widget for fast entry to account info and transactions.
Clients also can earn factors by transactions, redeemable for e-vouchers, monetary presents, or charity donations.
Having utilised Temenos Core for over a decade, PVcomBank has now built-in its entrance and back-office capabilities on a single platform, combining on-premise information facilities and the cloud.
This integration enhances operational effectivity, streamlines processes with elevated automation, and delivers a seamless buyer expertise.
PVConnect’s growth on a cloud-native structure ensures an distinctive person expertise with a mean response time of lower than 100ms and a 40% improve in operational effectivity.
The financial institution releases new options bi-weekly, permitting it to stay aggressive and aware of market calls for.
Because the launch of PVConnect, PVcomBank reported that it has seen important will increase in buyer onboarding and deposits.
AWS’ Vietnam Nation Supervisor Eric Yeo famous that banks throughout Southeast Asia are more and more leveraging cloud expertise to enhance safety, optimize operations, appeal to new clients, and scale back downtime.
![Ramki Ramakrishnan](https://bunny-wp-pullzone-2xy1pay0aj.b-cdn.net/wp-content/uploads/2023/10/Ramki-Ramakrishnan-150x150.jpg)
Ramki Ramakrishnan
Ramki Ramakrishnan, Managing Director – APAC, Temenos, stated,
“Leveraging the superior digital capabilities of our cloud-native platform, PVcomBank is setting the usual for best-in-class buyer expertise within the extremely aggressive Vietnam market.
Working with AWS we’re proud to help the financial institution to speed up innovation and scale its digital providers sustainably.”
![Nguyen Viet Ha](https://bunny-wp-pullzone-2xy1pay0aj.b-cdn.net/wp-content/uploads/2024/05/Nguyen-Viet-Ha-150x150.jpg)
Nguyen Viet Ha
Nguyen Viet Ha, Deputy Basic Director, PVcomBank, stated,
“Cellular banking is the first channel for our retail enterprise and with Temenos Digital on AWS we’ve been capable of ship an impressive buyer expertise with the scalability and suppleness we have to keep agile and aware of market traits.
Because the launch of PVConnect we’ve got moved over a million clients to the brand new app, and we’re thrilled with 1000’s of constructive feedback we’ve got acquired.”