SAVYINT successfully implements Signing Server, managed digital certificates for WebRA for VIB, helped the bank operate efficiently and safely, significantly reduced the number of paper documents, and met the highest security standards in the finance – banking industry.
| Overview Industry: Finance – Banking Project: – Deployment of a digital signature system for VIB’s corporate clients – Issuance and management of digital certificates for internal banking operations Time: 2021 |
VIB and the problem of signing e-contracts for corporate customers
Established in 1996, VIB is one of the thriving joint-stock commercial banks in Vietnam, focusing on retail banking with card products, home loans, auto purchases and digital banking.
Identifying digital transformation as the focus of its development strategy to become a leading retail bank in terms of scale and quality, VIB continuously focuses on customers as well as technology to develop and operate the system.
With the desire for strong digital transformation, VIB seeks a solution that can conveniently sign contracts, credits, disbursements… to serve VIP business customers, not only easy operation for customers, but also must meet all security criteria as well as current legal regulations on digital signing. In addition, VIB also requested to test a secure e-sign solution with a timestamp.
The implementation roadmap is divided into two phases:
- In the first phase, apply the test to some branches.
- Phase two, implement synchronously and on a large scale.
Solution from SAVYINT
Confirming its pioneering position in digital signature and electronic storage, SAVYINT is a leading provider of Public Digital Signature Certification Services, SAVYINT Timestamp Certification Services and Trusted Services (QTSP) in digital signature and electronic seal with the only QTSP Remote Signing solution in Vietnam.
With a wealth of experience, providing a variety of digital signing solutions for many businesses and organizations in the Finance – Banking sector, SAVYINT conducts a survey on the current situation and proposes a synchronous implementation of the solution system:
- Install and deploy Signing Server digital signature software
- Install and deploy digital certificate management software for WebRA
- Implementing the Timestamp Signing service
- Integration of Digital Signing Server software and WebRA digital certificate management software with VIB’s HSM equipment
- Training on delivery of Signing Server digital software products and CTS webRA management software
- Implementation environments include: UAT, sit, Production (DC-DR)
In which
- VIB customers digitally sign using USB Token
- VIB employees digitally sign using USB Tokens (provided by the CAs) or VIB’s HSM equipment
Successfully helped VIB implement a digital signature system for business customers
After a period of implementation, Signing Server software is operated on schedule and meets the highest requirements of technical standards as well as security criteria in the finance – banking industry.
VIB’s enterprise customers can now use USB Tokens, HSM digital certificates or Remote Signing, significantly reducing the number of paper documents, saving printing and delivery costs. In parallel, WebRA software has officially come into operation, quickly serving the need to issue and manage digital certificates for staff and branch leaders, contributing to improving internal operational efficiency.
In particular, the timestamp granting service Timestamp is highly appreciated for its applicability to help prevent fraud, counterfeiting of the highest level, ensuring safety as well as information security for customers.
