At the conference, experts discussed challenges to the security of digital banking and the future of banking. Digital banking poses opportunities and challenges to the Vietnamese banking system, said Tu. Digital banking was different from traditional banking, forcing banks to continuously learn and develop, he said. Up to 50 per cent of customers would want to switch to digital banking soon, said the vice chairman. The results showed that though banks have many routes they lack a common vision for digital banking.

Source: The Nation Bangkok November 21, 2016 03:56 UTC