Elevating security standards for online banking services in Vietnam
On October 31, 2024, the State Bank of Vietnam issued Circular No. 50/2024/TT-NHNN, establishing regulations on security and confidentiality for online banking services -marking a strategic step in building a robust legal foundation for Vietnam’s digital banking ecosystem. As digital banking services rapidly expand and cyberattacks and data breaches become increasingly common, the banking sector […]
Savyint & Kryptus: Collaboration to build open banking security standards
Open Banking is experiencing remarkable development in many countries. To ensure that open banking operates effectively and securely, it is particularly important to establish and adhere to a system of technical standards. With their expertise, Savyint and partner Kryptus have collaborated to develop a specific security standard system for each component in open banking. The […]
Open Banking takes flight in Vietnam
On December 31, 2024, the State Bank of Vietnam officially issued Circular No. 64/2024/TT-NHNN, setting the regulatory foundation for Open Banking through the implementation of Open Application Programming Interfaces (Open API) within the banking sector – a key driver of digital finance innovation globally. Open Banking is a new financial ecosystem in which banks and […]
[Stablecoins Report] The Development of CBDCs Worldwide and in Vietnam (Part 4)
Amid the rapid development of stablecoins and cryptocurrencies, many countries have begun researching, piloting, or deploying Central Bank Digital Currencies (CBDCs) to maintain the central bank’s dominant role in the monetary system. About CBDCs – Central Bank-Issued Digital Currency Central Bank Digital Currency (CBDC), often referred to as the digital money of the central bank, […]
[Stablecoins Report] Risks, Challenges and Legal Framework of Stablecoins in Vietnam and Worldwide (Part 3)
Stablecoins have emerged to reshape the way people transact, ushering in an era of digital finance that is fast and flexible. Alongside these benefits come risks and challenges that individuals and institutions alike must navigate—prompting countries around the world to quickly establish and refine legal frameworks to manage and develop this domain. Risks and Challenges […]
Top Best Software Load Balancers: Free & Open Source In 2025
Comprehensive list of the top software load balancers with features and comparison. Read this review to select the free open source load balancer software for Windows or Linux systems: What is soft load balancing software? Load balancing software helps network administrators and data center managers address their network load management needs. This application is used […]
[Stablecoins Report] Stablecoins and CBDCs: Definitions and Objectives (Part 2)
Stablecoins and Central Bank Digital Currencies (CBDCs) are widely regarded as powerful instruments for advancing traditional financial systems. They promise to usher in a more inclusive, efficient, and cost-effective global financial landscape. 1. Understanding Stablecoins and CBDCs Both stablecoins and CBDCs are forms of digital currency with stable values typically pegged to fiat money. However, […]
[Stablecoins Report] What are Stablecoins? Popular Stablecoins Today (Part 1)
In the volatile world of cryptocurrency, stablecoins have emerged as a type of digital asset designed to maintain a stable value by being pegged to traditional assets such as fiat currencies or commodities. More than just a medium of exchange, stablecoins play a vital role in decentralized finance (DeFi) and hold the potential to revolutionize […]
Stablecoins in Vietnam: Current situation and prospects
Stablecoins are becoming an increasingly hot topic within Vietnam’s financial and tech communities. Although not legally recognized as a means of payment, stablecoins have been quietly growing in popularity in investment as well as crypto. So, where do stablecoins currently stand in Vietnam’s digital finance landscape, and what does the future hold for them? 1. […]
Top 6 Open-Source API gateway frameworks
Looking for the best open-source API gateway? Here’s a quick rundown of the top 6: Quick comparison: Framework Language Key Feature Best For KrakenD Go No database required Microservices Apache APISIX Lua Cloud-native Kubernetes setups Kong Lua Many plugins Large deployments NGINX C Speed High-traffic sites Tyk Go User-friendly dashboard Easy management Express Gateway JavaScript […]