Overview of the signing ceremony.

The signing of the Service Implementation Contract between Agribank and the RAR Center contributes to promoting the close relationship between the two parties, and at the same time demonstrates that Agribank is one of the pioneering and proactive banks in deploying and promoting the application of the National Population Database in banking activities, contributing to promoting digital transformation activities in the banking sector according to the policies and orientations of the Prime Minister and the State Bank.

Speaking at the ceremony, Major General Nguyen Ngoc Cuong - Director of Department C06 affirmed: The deployment of electronic authentication services via the VNeID platform is not simply a technological solution for electronic authentication and identification, but also opens up great opportunities in exploiting and creating surplus values ​​of data, laying the foundation for the extensive and sustainable development of the banking industry in the digital age.

“More than simply collecting information, the VNeID system facilitates data processing, analysis and transformation into valuable knowledge. This not only helps banks better understand customer needs and behaviors, but also supports the design of personalized financial products, optimizes customer service and develops flexible business strategies. The deployment of electronic authentication services via VNeID on Agribank Plus not only helps people make banking transactions easier but also ensures information security and minimizes the risk of online fraud,” Major General Nguyen Ngoc Cuong stated.

Also at the ceremony, Director of the Payment Department (State Bank) Pham Anh Tuan said that in recent times, the State Bank has directed strongly, determinedly, closely following the common tasks of Project 06 and Coordination Plan No. 01 between the Ministry of Public Security and the State Bank, issuing Decision No. 2345/QD-NHNN on implementing safety and security solutions in online payment and bank card payment, including regulations on using VNeID as one of the channels for identifying customers by biometrics when making online payment transactions.

With the continuous efforts of the units, the banking industry has achieved many positive results: As of December 20, 2024, the banking industry had more than 84.5 million customers registered to use online accounts, of which 61.5 million customers had performed biometric authentication.

“The implementation of electronic authentication service via VNeID on the Agribank Plus application between Agribank and the RAR Center - Ministry of Public Security is a solid premise in enhancing management efficiency and developing electronic financial services safely. The VNeID application is built on an advanced technology platform, ensuring the accuracy and security of customers' personal information, helping to effectively prevent fraud and counterfeiting, ensuring risk prevention for customers' accounts,” said Mr. Pham Anh Tuan.

According to Mr. Pham Toan Vuong - Deputy Secretary of the Party Committee in charge of the Party Committee, Member of the Board of Directors, General Director: Agribank is currently providing more than 200 banking products and services to 16 million customers using payment services via accounts, nearly 4 million customers borrowing capital through a nationwide transaction network. With the proportion of individual customers accounting for 70% of the total number of customers, Agribank is currently the largest retail bank in the Vietnamese banking system.

Deploying electronic authentication via VNeID on the Agribank Plus application will help optimize customer experience, especially during the period when Agribank is promoting its digital transformation strategy. Updating biometrics via VneID account, customers do not need to have a physical card and do not require the phone to have NFC technology.

According to nhandan.vn