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Vietnam’s banks change from magnetic cards to chip cards
The change in technology used for domestic payment cards is expected to give a push to non-cash payments in Vietnam.
Banks exposed to more security risks
The shift to digital banking has helped banks to provide modern and convenient services to customers, but this has also exposed them to many security risks, experts said at a conference in Hanoi on Wednesday.
Counterfeit ATMs – the risk still hung over consumers
Banking information technology experts all say that commercial banks have been and would have to accept the risks to be caused by counterfeited ATMs, even though banks have issued chip cards instead of magnetic cards.
