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Trusting Social sees the future of retail banking in AI, presented in a co-hosted seminar with the Vietnam Banks Association



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With the attention of leading bankers, investors and fintech entrepreneurs and members of the media, Trusting Social’s Group CEO, Mr. Nguyen An Nguyen unveiled the latest AI development in lending and Retail Banking.

The spotlight of his talk included the current advancement in AI and how this technology brings new credit opportunities, better credit experiences, and drastically changing retail banking in Vietnam. Mr. Nguyen also shared his view on the underline problem of in-house credit scoring methodologies, which leads to lengthy paperwork and results in unpleasant customer experiences.

After addressing current challenges for financial institutions to reach out to the untapped billions of “financially invisible” consumers, Mr. Nguyen laid out a new vision to leverage the power of AI for real-time credit scoring and seamless customer experiences.

“AI applications will pave new ways for retail banking. AI-powered banks will significantly benefit from frictionless processes without human errors. We believe AI will provide a transparent on-boarding process with seamless customer experiences.”

Mr. Nguyen An Nguyen, Group CEO, Trusting Social

Assembled guests then had an opportunity to hear Mr. Francois Hribovsek, Head of Digital Deployment and Solutions – Visa Southeast Asia share Visa’s latest insight on the future of commerce where mobile payment is the key driver.

On the last session, audiences learn first-hand insights from a panel discussion with distinguished experts who have been pushing the innovation in retail banking : Mr. Kalidas Ghose – CEO of FE Credit; Mr. Phung Duy Khuong – Deputy CEO of VPBank; Ms. Dang Tuyet Dung – Country Director, Visa Vietnam and Laos; Mr. Nguyen Thanh Phu – Director of OCB-COMB; Mr. Francois Hribovsek – Head of Digital Deployment and Solutions, Visa Southeast Asia; Mr. Tran The Vinh – CEO of Tima Group; Mr. Bharath Vasudevan – Chief Risk Officer of Trusting Social, and Mr. Nguyen An Nguyen – Group CEO Trusting Social.

Focused topics were to explore financial institutions’ perspective on the current challenges and how financing organizations can leverage AI to reach out to the unbanked population while creating a compelling lending experience.


SOURCE Trusting Social


Accura Scan, The Only Certified Biometric Solution Provider in Middle East & Africa for Banks and Telcos




Global Identity Verification and Digital KYC solutions provider, Accura Scan is pleased to announce being awarded ISO/IEC 30107-03 compliance after passing a presentation attack detection (PAD) iBeta Level 2 audit with 0% FAR, making it one of the few companies worldwide and the only in IndiaSingapore, APAC & Middle East to have such a recognition.

As part of the testing procedure to assess the performance of Accura Scan face biometric liveness system, which is already being used by clients globally, it was successfully tested with millions of data points in alpha & beta testing modes. Its algorithms were pitted against various forms of spoofing attempts, including but not limited to 3D-printed and curved masks, silicone and paper masks, and videos of real subjects.

Yasin Patel (YP), Accura Scan’s CEO & Founder, expressed great pride in the achievement, adding, “Obtaining the ISO 30107-03 standard after passing the rigorous iBeta level 2 test demonstrates the effectiveness of our solutions against spoofing attacks.” He further announced that in keeping with their motto of ‘Biometrics for All’, Accura Scan would be offering its trusted Identity Verification Suite for free to all start-ups, while established entities would be offered various modules for as little as USD 5,000 a year onwards.

Commenting on this feat, Director – International Sales, Reza Writer, added, “Ambition greater than resources is in the DNA of Accura Scan. We have achieved this feat with a very small but highly skilled & dedicated team that has executed the organizational goal beautifully.”

The ISO 30107-3 framework measures a biometric system’s false acceptance rate (FAR) and false rejection rate (FRR) at the point of presentation. Passing the evaluation with an FAR of 0%, means that the company’s biometric algorithms offer a high level of spoof resistance in all environments.

Headquartered in India, Accura Scan has been completely bootstrapped & profitable since its incorporation. It has firmly established itself in the MENA region over the last 4 years, working with some of the most esteemed Banks, Telecoms & Fintechs globally. As a part of its global strategy, it has now registered itself in Singapore, the EU, the UK, & the US. With top-notch Identity Verification & Digital KYC products, it is confident of making a mark in these markets.

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BIM Exchange integrates traditional currency option for buying and selling cryptocurrencies



BIM Exchange revolutionizes the purchase of crypto-currencies: implicity and security guaranteed

BIM Exchange, the French pioneer of crypto-currency exchange platforms, today announces a major breakthrough in the ease of access and security of crypto transactions. With its new feature, it has never been easier to buy and trade crypto-currencies, bridging the gap between the traditional Web and Web 3.0.

Integration of payments in tradtional currencies: Euro, Dollar, Pound Sterling and Swiss Franc

BIM Exchange now enables its users to buy crypto-currencies directly by bank transfer in less than 24 hours, regardless of their currency. The funds are then securely transferred to the user’s decentralized wallet, such as Ledger, TrustWallet, MetaMask or other.

This method considerably simplifies access to digital currencies, while guaranteeing maximum security.

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Monzo founder talks Prosper. Company sees incredible demand for its Crowdfund, smashing 130% of its target, raising over £785,000.




Having recently announced its crowdfund was open to the public and with a little more than a week to go, Prosper today confirmed it has hit 130% of its funding target, raising over £785,000.

The company is backed by some of the biggest names in fintech. One of those, Tom Blomfield, the founder and former CEO of digital bank Monzo, said:

“The crowdfunding community was vital to Monzo’s growth and helped us engage with our early users. Like Monzo, Prosper is a customer champion brand shaking up the wealth industry. As I invested in Prosper, it became clear that speaking to the community would also play a part in their journey. It’s only the beginning, but I’m excited to help more people prosper!”

Monzo’s first crowdfunding campaign raised just under £1m at a £30m valuation. Today, that valuation stands at “around £4 billion”, according to Sky News. With a week of its own crowdfund still to go, Prosper hopes to build on that success, already closing in on Monzo’s original raise achievement.

“We’ve been blown away by the demand we’ve seen from our community. It’s a testament to the value we can create building a customer-championing business in the world of saving and investing,” said founder and CEO Nick Perrett.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.

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