Apr 17, 2018 / 12:10

Fintech Deep Dive on e-KYC and Blockchain Held in Hanoi

The event generated numerous outcomes, supporting Vietnam fintech industry to strive in the future.

The State Bank of Vietnam (SBV) and the Mekong Business Initiative (MBI), a program of the Asian Development Bank (ADB) and the Australian Government, jointly hosted a Fintech Deep Dive on April 11-12 in Hanoi. The event was an opportunity for regulators, financial institutions, fintech practitioners, and other stakeholders to share knowledge and experience—both local and international—on key fintech verticals including e-KYC and Blockchain.
Illustrative photo
Illustrative photo

The Deep Dive consisted of two session types:
- General Session (half-day) – to provide background information on the risks and opportunities inherent to specific areas of fintech, and explore how regulators and practitioners in other countries can work together to facilitate fintech solutions.
- Technical Sessions (two sessions, half-day each) – to cover e-KYC and Blockchain issues in greater technical detail, including discussions on the regulations related to key verticals.
Keynote speakers include international experts from Ernst and Young Singapore, SWIFT, the Singapore Blockchain Club, and an Indian fintech. More than 100 participants from the National Assembly, various government agency stakeholders, SBV’s own Fintech Steering Committee and Working Group experts, international development agencies, program co-sponsors and partners, representatives from ADB and MBI, and local fintechs participated. The sessions results in facilitate valuable input for the ongoing national dialogue about how best to develop Viet Nam’s fintech industry.
The Deep Dive is part of the first Fintech Challenge Vietnam (FCV) 2017-2018 program. FCV aims to spur innovation in financial services to promote greater financial inclusion in Viet Nam, focusing on five fintech verticals that are critical for financial inclusion: e-Payments, e-KYC, Peerto-peer Lending, Open APIs, and Blockchain. FCV co-organizers include SBV, MBI, the VietnamBanks Association (VNBA), and the Vietnam Fintech Club (VFC). Program partners include BIDV, Vietcombank, VietinBank, Shinhan Bank, TP Bank, VIB, VP Bank, FPT, Vietnam Silicon Valley, and VIIS.