Scale360 powers TPBank digital branch network in Vietnam

It’s another farewell to tradition as Vietnam’s TPBank has opted for Scale360’s “Digital Branch” network across the country. The digital option from Scale360, a UK-based fintech start-up with a development centre in Bangkok, replaces the usual brick-and-mortar branch with a video link. The bank plans to open 50 such branches across Vietnam. Branded as TPBank’s […]

Diasoft scores second win in Vietnam with TPBank

Russia-based banking tech vendor Diasoft has landed its second deal in Vietnam, with TienPhongBank (TPBank). TPBank will implement Diasoft’s loan origination and debt collection solutions, part of a broader Flextera software suite. Diasoft’s first contract in Vietnam (and the vendor’s first in South East Asia) – signed in 2013 – is with Vietnam International Bank […]

Vietnam’s TienPhongBank stops attempted fraud through Swift system

Vietnam’s TienPhongBank (TPBank) says it has stopped an attempted wire fraud that involved the use of “fraudulent” Swift messages. The bank said in a statement late on Sunday (15 May), in response to inquiries from Reuters, that in Q4 2015 it “identified suspicious requests through fraudulent” Swift messages to transfer more than €1 million in […]