Mobile ID solution of Vietnammobile Vietnamobile and IPification have just announced the launch of Mobile ID service in Vietnam – The ultimate authentication solution for smartphone transactions for Vietnamobile subscribers. Instead of traditional authentication steps that still contain many risks such as providing phone numbers and SMS OTP authentication, users only need to authorize Vietnamobile to authenticate the device’s ID; Transactions on mobile phones will be automatically verified and secured by Vietnamobile. According to information, the service will soon be integrated for Vietnamobile users. According to the US National Institute of Standards and Technology (NIST), SMS authentication is not secure enough. Hackers can hack to transfer SMS messages to phone numbers that do not belong to the owner. These tricks are so sophisticated that you won’t even know your messages have been stolen. NIST also warns that phone numbers registered on applications such as Facebook Messenger, Viber are likely to be hacked and reveal the verification code on SMS. An alternative solution is to use 2-layer security or use a security code from a token device. However, this method is quite complicated and causes interruptions in transactions, so most users find it very annoying. The Mobile ID service uses the technology of IPification. This is predicted to be the foundation for mobile authentication now and in the future. Mobile ID enables the authentication of compatible mobile users by verifying the device, SIM and phone number via IP address, intended to prevent fraud in mobile registration and transaction approval. Mobile ID service requires no additional settings, no need to enter a password, and does not require any action from the user. A representative of Vietnamobile said, “The number of Vietnamobile subscribers for online transactions has grown rapidly. In light of this trend, we look forward to providing our subscribers with a safe and convenient online trading platform.” Vietnamobile’s Mobile ID security solution was born to meet the mobile reality when all online activities and transactions of customers are done on smartphones. “We want our customers to be able to enjoy the best solution in terms of security, identity authentication, payment, login,” he said. Mr. Stefan Kostic, CEO of IPification shared. “As the number of online user activities globally is skyrocketing, we will provide the most secure, yet seamless authentication and transaction validation solution for Vietnamobile users.” MobiIPification Pification solution is trusted by leading telecommunications, technology, payment and OTT companies such as Microsoft, GBG, DataZoo, 3HongKong, Axiata Digital. Currently, IPification’s solution has reached more than 550 million devices in 18 markets globally. PV

To respond well to this trend but still ensure system safety, the banking industry has made great efforts by applying a series of new technologies such as e-wallets, eKYC, multi-platform digital services, etc. Electronic Customer Identification (eKYC) The online transaction process cannot be perfect if the customer still needs to go to the transaction office to carry out the account opening procedure. Therefore, eKYC (Electronic Customer Identification) is considered a must-have piece in the digital banking picture. Pioneering this application of technology, with the new generation BIDV SmartBanking, customers can complete all registration steps at home, through BIDV’s eKYC system. Users only need to take a photo of their identification, a photo of their face, and the system will check the valid information and open an account for customers to use banking services immediately. BIDV representative – Ms. Nguyen Thi Quynh Giao – Deputy General Director in charge of Retail Banking said: eKYC is a new step in BIDV’s comprehensive digitalization strategy when investing in digital channels, digital processes as well as digital products. This development is also a testament to BIDV’s efforts to better serve customers and bring more convenient digital products. “. In just 2 months since its implementation, BIDV has recorded nearly 200,000 successful registrations via eKYC on SmartBanking. eKYC is an important step in the bank’s digitalization strategy. Cross-platform trading, following individual needs In the increasingly busy life cycle, problems such as remembering passwords, switching transaction devices, balancing revenues and expenditures, etc. also become a nuisance for many customers. Grasping that mindset, many banks are improving their services to offer effective support solutions. In the case of BIDV SmartBanking, this digital bank has expanded the application to include phones, computers, smart watches, smart keyboards, etc., helping users to make transactions anytime, anywhere. through personal devices and at the most convenient time and space. In particular, these devices use uniformly only 1 account name, 1 password for each user, minimizing inconvenience for customers. BIDV SmartBanking has also just launched a new function that allows customers to set up a revenue and expenditure plan (planning revenues, proportioning expenses for living, shopping, saving …) and closely reporting the implementation process. present. This function touches the practical needs of many young customers. Having an overview of expenses will help users monitor their personal finances, thereby balancing money sources, cutting unnecessary expenses, easily accumulating and responding to risks. risk in life. Currently, on mobile application stores, there are also some similar revenue and expenditure management support software, but most of you will have to enter information completely manually and pay to use it, not automatically and built-in on mobile devices. banking applications such as BIDV SmartBanking. Convenient banking applications such as BIDV SmartBanking allow unified login on all devices (Mobile, Laptop, PC, Apple Watch…). Electronic wallet According to a report by IDC, Vietnam has an e-wallet growth rate of 67% in the 2017-2022 period, ranking third in the Asia Pacific region, just behind China and South Korea. According to this report, the demand for e-wallets will continue to increase due to the impact of the Covid-19 epidemic along with the increasingly strong influence of the Millennials (those born after 1980 to early 2000) and GenZ (those born after 2000) (source). This demand poses a great challenge and is also a rare opportunity for financial institutions to race to break through the rankings. According to a share from BIDV, this banking giant is aiming to create a large-scale service ecosystem for BIDV SmartBanking users. Thanks to that, BIDV SmartBanking customers will be able to use all functions of e-wallets and banking services such as money transfer, savings, loan repayment… on the same application. To develop this ecosystem, BIDV has promoted links with financial institutions, signed cooperation agreements with more than 1,000 suppliers and 32/43 Fintech companies in Vietnam to provide more than 2,000 payment services on e-wallets. and continue to expand the ecosystem in the near future. Through the above examples, it can be seen that in the context of the pandemic, banks are actively turning ‘danger’ into ‘opportunity’, changing the form of product and service provision to catch up with the trend and dominate the market. New markets, new habits, new behaviors. This not only brings benefits to customers, but also promises to help Vietnam’s financial system move closer to global digital technology.

The units have connected with the online payment system of the Government, allowing people and businesses to conveniently conduct Level 4 online transactions, save time and costs for administrative procedures settlement. Quang Nam builds a Smart City Monitoring and Operation Center (IOC). In 2020, Quang Nam province officially implements the important systems of the Smart Urban Monitoring and Operation Center (IOC), the provincial data sharing and integration platform (LGSP), the information system. Provincial Reporting (LRIS), contributing to perfecting the e-Government foundation. The digital transformation in the activities of state agencies in the province has recently been actively implemented, in the right direction, achieving a number of practical results, contributing to the implementation of main welding reform in the area. table. However, the province’s digital transformation still reveals many shortcomings and limitations. Technical infrastructure has not been invested synchronously, WAN network system, video conferencing, Data Integration Center have not met the requirements. The application of information technology in state agencies is not synchronous and ineffective. With the project “Developing the application of information technology, building a provincial digital government in the period of 2021-2025”, Quang Nam province aims to build and develop electronic government foundation systems. number complying with the provincial e-government architecture. Complete data integration and sharing with national information systems and databases through the province’s data sharing and integration platform. Thereby, reaching 100% of transactions on the provincial public service portal and electronic one-stop information system at the provincial, district and commune levels. Maintain connection and sharing information between provincial public service portals and national public service portals. Providing 100% of online public services related to many people, enterprises at the level 3, 4; 40% of the number of people and businesses participating in the digital government system have electronic identity authentication smoothly. Quang Nam: Approved over 900 billion to build digital government Over 50% of dossiers are received and resolved through online public services at levels 3 and 4; 80% of administrative procedures meet the requirements for deploying online public services at levels 3 and 4. 100% of job profiles at the provincial level, 80% of job dossiers at district level and 60% of job dossiers at commune level are processed on the network environment; 100% of periodical reports of state administrative agencies are updated. In addition, 80% of state agencies are involved in providing open data, in a readable machine form, to provide timely, one-time, lifecycle public services to people, businesses and social economic development; 50% of state agencies’ inspection is done through the digital environment and the information system of regulatory agencies. Quang Nam sets a target that by 2030, 100% of level 4 online public services will be provided on a variety of means of access, including mobile devices. 100% job profile at the provincial level; 90% of job profiles at district level and 70% of job profiles at commune level are handled in the online environment; 70% of regulatory agencies’ inspection is done through the digital environment and regulatory information systems. To implement the project of developing digital government, Quang Nam province has approved a budget of 901 billion VND. In which, 350 billion VND from central budget and non-business expenses, 320 billion VND from central budget.

Retail consultant Mary Portas was among those calling for the stimulus package.

In the UK, celebrities such as retail consultant Mary Portas, beauty magnate Charlotte Tilbury, fashion designer Charlie Casely-Hayford and Henry Holland were among the callers of Main’s stimulus package. covered. The new aid package should be structured similarly to the restaurant bailout package in the summer of 2020, they said.

Specifically, the Government has paid 50% of the cost of goods purchased at stores with less than 10 employees and capped at £ 10, with rollout times from Monday to Wednesday, taking place during round a month this summer.

Independent stores have been hit hard by the pandemic, says Ross Bailey, founder of the “Street rescue” campaign and chief executive of retail rental market Appear Here. In particular, it is estimated that retail stores of non-essential goods, mainly independent stores, lost £ 22 billion in sales by 2020, with the number of customers down 40%.

Often, family-style small businesses can’t adopt plans for employees to take temporary leave because there are still a small number of online orders that need to be processed, Bailey said.

According to statistics, the UK has more than 11,000 stores that have permanently disappeared from the streets and shopping malls by 2020. Meanwhile, online shopping, mushrooming during the pandemic. The figures show that 38% of retail sales were done online in February, up 18% from last year.

To resolve the above situation, recently, the British Minister of Finance Rishi Sunak announced, retail stores can extend the business tax reduction until July.

Previously, the British Government also announced that retail stores could reopen from April 12, 2021, and could sell until 10 p.m. and six days a week. This is a move to save the British government’s retail stores after months of closure.

However, Ross Bailey, founder of the “Street Rescue” campaign, argues that more substantial intervention is needed: “With the right support, independent stores can thrive. Otherwise, we will lose community cohesion, where transaction is based on human connection and experience, which is hard to replace online transactions, ”affirmed Ross Bailey.