FPT IS and GRGBanking build smart bank in Vietnam

Cooperating with GRGBanking gives FPT IS the opportunity to develop solutions and many new technology product lines, new interfaces for banks such as VTM and STM and also helps FPT IS have more potential to participate in digital transformations projects offered for banks.

05/12/2019

On November 21st, FPT IS and GRGBanking - the world’s leading service provider in the field of finance and banking signed a memorandum of understanding for the implementation of GRGBanking’s products and services for the partners and customers of FPT IS - a pioneer in digital transformation in the banking and financial sector in Vietnam.

Cooperating with GRGBanking gives FPT IS the opportunity to develop solutions and many new technology product lines, new interfaces for banks such as VTM (Virtual Teller Machine) and STM (Smart Teller Machine) and also helps FPT IS have more potential to participate in digital transformations projects offered for banks.

 “Previously, FPT IS and GRGBanking cooperated in a number of projects on providing bank equipment maintenance services for DongABank, GPBank, NamABank, VietABank, VPBank, TPBank etc. Under this MoU, GRGBanking is to join some upcoming projects of FPT IS to carry out digital transformation for banks in Vietnam," stated Mr. Dao Hong Giang - Deputy General Director of FPT Finance - Banking Division FPT IS (FIS BANK).

Banks in Vietnam are facing a strong wave of digital transformation, including the trend of using technological solutions to meet the self-service capacity at banks.

Solutions such as VTM (Virtual Teller Machine) and STM (Smart Teller Machine) of GRGBanking can provide the customers with best experience. They can operate 24/7 and allow us to open accounts in a short time (5 minutes), conduct a payment transaction applying biometric element that enhances the flexibility and saves time.

About GRGBanking

GRGBanking is a well-known and leading provider in the finance industry, established in China in 1999. To date, GRGBanking is the No. 1 ATM provider in China, and is currently a world leading finance and banking provider with more than 300,000 devices deployed in more than 80 countries.

GRGBanking offers a wide range of hardware and software solution products including ATM, CDM, VTM, STM, cash recycling machines, deposit machine, cash sorting machine and digital transformation solutions. AI solutions are also a strength of GRGBanking and are focused on 4 areas: Smart finance, Smart transportation, Smart security and Convenient retail.