Promoting digital transformation in cashless payments

QNgTV- The "trust" factor is the foundation for the sustainable development of cashless payments, especially in the context of increasingly sophisticated high-tech crimes.

Promoting digital transformation in cashless payments

According to experts, the “trust” factor is the foundation for the sustainable development of cashless payments, in the context of increasingly sophisticated high-tech crimes. The banking industry is promoting institutional improvement, technological innovation and risk management to ensure transaction safety.

Many multi-layer security solutions have been deployed, such as biometric authentication for high-value transactions or Tokenization encryption technology to protect customer information. Notably, the SIMO monitoring system has promptly detected and prevented suspicious transactions with a total value of more than 1,500 billion VND.

The State Bank affirmed that the goal of digital transformation in the banking industry is to help people and businesses access services conveniently, safely, and at reasonable costs; at the same time, gradually integrate digital payments into essential areas of life.

Source: https://quangngaitv.vn/thuc-day-chuyen-doi-so-trong-thanh-toan-khong-tien-mat-6508367.html