RMiT 2025 Tightens Strong Authentication Requirements in Malaysia and Savyint’s Compliance Solutions for Financial Institutions

RMiT 2025 Tightens Strong Authentication Requirements in Malaysia and Savyint’s Compliance Solutions for Financial Institutions

In November 2025, Bank Negara Malaysia (BNM) officially issued an updated version of its Risk Management in Technology (RMiT) policy, introducing stricter requirements for enhanced identity verification, device binding, and fraud prevention across Malaysia’s financial sector. 1. About BNM’s RMiT Policy  Risk Management in Technology (RMiT) is Bank Negara Malaysia’s central policy framework for managing technology risk and cybersecurity risk in the financial sector. The policy sets out minimum requirements for financial institutions to strengthen governance, cybersecurity, technology operations, digital services, third-party risk management, cloud adoption, fraud detection, and customer protection. Its objective is to ensure that financial institutions can maintain secure, stable, and trusted digital services amid increasingly complex cyber threats. RMiT applies to all financial institutions regulated by BNM, ranging from banks to insurers and reinsurers, electronic money issuers, payment system operators, financial institutions, and money transfer intermediaries. 2. The November 2025 RMiT Update  The RMiT policy issued in June 2023 introduced several authentication-related requirements, including multi-factor authentication, access management, and digital service controls. However, these requirements remained largely guidance-based rather than mandatory standards. In November 2025, the updated RMiT policy was issued, marking a significant turning point in strong authentication by introducing clearer mandatory requirements on how organizations must authenticate users and protect digital services. Below are the key changes. a. One Device per User by Default  One of the most important changes is the default requirement to use only one device, aimed at preventing SIM-swap fraud and account takeover. Financial institutions must ensure secure device binding and unbinding processes, while limiting digital service transaction authentication by default to one mobile device per account holder. Users may register additional devices, but they must actively request this and accept the associated risks. Financial institutions are not allowed to make multiple devices the default option. The process must include: b. Stronger Verification for Mobile Number Changes  Previously, many banking applications allowed users to update their mobile phone numbers by confirming an OTP sent to the existing number. However, this approach is no longer considered secure if the number has already been compromised or affected by SIM swapping. Therefore, under the latest RMiT update, organizations are required to adopt stronger authentication mechanisms, such as: c. Cooling-Off Periods and Transaction Limits for Newly Registered Devices RMiT requires appropriate verification and cooling-off periods in the following cases:  Accordingly, newly registered devices should not be granted full transaction privileges immediately. Organizations need to establish time-based limits and transaction frequency controls. Transaction rights should be gradually expanded as the device and user behavior build a trusted history. Combined with fraud detection standards that require behavioral analytics and real-time risk scoring, RMiT requires the authentication layer to understand context, not merely verify login credentials. d. Multi-Factor Authentication and Passwordless Authentication to Reduce Dependence on SMS OTP The most important change in the RMiT update is the requirement to use MFA and passwordless authentication methods. MFA must be resistant to interception or manipulation by third parties throughout the authentication process.  Examples of passwordless authentication methods include biometric authentication, device binding, cryptographic key-based authentication, and risk-based step-up authentication.  In addition, “transaction linking” requires the authentication code to be bound to specific transaction details, including the recipient and transaction amount, rather than being linked only to the login session.  3. Savyint – A Global Expert in Strong Payment Authentication and Risk Prevention Amid rising security requirements, Savyint provides a comprehensive security ecosystem that helps banks and financial institutions comply with BNM’s RMiT regulations while enhancing their overall security and risk management capabilities. Built on a Zero Trust architecture and centered around four key pillars – Secure Payment, Open Banking, Secure Data, and Digital Trust – Savyint’s RMiT compliance solution enables financial institutions to: This solution is designed in strict compliance with international standards such as FIDO2, PSD2/PSD3 eIDAS, GDPR, PCI DSS,… ensuring rapid deployment, compatibility with existing infrastructure, and the highest level of security. Connect with Savyint experts today to build a secure and compliant payment ecosystem.

Savyint Advances Cooperation in Cybersecurity, Artificial Intelligence and High Technology in India

Savyint Advances Cooperation in Cybersecurity, Artificial Intelligence and High Technology in India (1)

May 6, 2026, Savyint Group participated in the Vietnam – India Innovation Forum in New Delhi, India. The event was jointly organized by Vietnam’s Ministry of Science and Technology and India’s Ministry of Electronics and Information Technology, as part of the State visit to India by H.E. To Lam, The General Secretary, President of the Socialist Republic of Viet Nam. Taking place from May 5 to 7, 2026, the State visit by General Secretary, President To Lam was made at the invitation of Indian Prime Minister Narendra Modi, with the participation of a high-level Vietnamese delegation and a business delegation. The visit also coincided with the 10th anniversary of the elevation of Viet Nam-India relations to a Comprehensive Strategic Partnership, while opening new momentum for cooperation in areas that are fundamental to future growth, including science and technology, innovation, digital transformation, cybersecurity, artificial intelligence, semiconductors, energy and high-quality human resource development. Under the theme “Cooperation in Human Resource Development, Science and Technology, Innovation and Digital Transformation,” the Vietnam-India Innovation Forum brought together senior leaders, ministries, government agencies, research institutes, universities, associations, digital technology corporations, and innovation-driven enterprises from both countries. At the forum, General Secretary and President To Lam emphasized the need for Viet Nam and India to strengthen strategic information sharing and expand cooperation in cybersecurity, digital infrastructure protection, the prevention of high-tech crime, and capacity building to respond to non-traditional security challenges. The forum served as an important platform to promote substantive cooperation between the Vietnamese and Indian technology communities, particularly in fast-growing sectors across the Asia-Pacific region. Amid the rapid growth of the digital economy, data security, digital identity protection, and cyber resilience have become strategic requirements for governments, financial institutions, large enterprises, and critical infrastructure operators. As a Vietnamese technology company focused on digital safety, data protection, digital trust, and risk governance in digital environments, Savyint joined the forum with the aim of expanding international cooperation, connecting Vietnamese technology capabilities with India’s technology ecosystem, and supporting the development of platforms and solutions that meet the increasingly demanding requirements of regional markets. At the event, Savyint Group and Vantageo Pvt. Ltd. exchanged a technology cooperation agreement, opening new directions for collaboration in development, integrated design, joint research and co-production. The partnership aims to combine the strengths of both companies to deliver solutions and products in areas such as cybersecurity, AI Security, Data Safe, Quantum Safe, Zero Trust Network, HPC platforms, AI accelerators, and GPU platforms for Viet Nam, India, the APAC region and SAARC region. The cooperation agreement goes beyond connecting the capabilities of the two companies. It also reflects a shared orientation toward co-developing secure technology platforms that can be localized to meet the requirements of each market, while aligning with international standards for security, compliance, and operational reliability. Mr. Steve Huang, Executive Chairman of Savyint Group, shared: “India is one of the world’s fastest-growing technology hubs. By participating in the Vietnam-India Innovation Forum, Savyint aims to connect with like-minded partners and jointly develop secure, trusted, and widely applicable technology solutions for enterprises and organizations in Viet Nam, India, and the wider region.” As Viet Nam-India relations enter a new phase of deeper and broader cooperation, Savyint’s presence at the forum affirms its commitment to accompanying Viet Nam’s national digital transformation journey, while promoting “Make-in Vietnam” technology solutions to regional and global markets. The event through media coverage:

Savyint Trains Strategic Partner Vietnet: Leveling Up On Digital Trust, Open Banking & Next-gen Security

With data security, digital authentication, and legal compliance getting stricter by the day, Savyint recently held a training session for the strategic partner, Vietnet, to help Vietnet level up their consulting, deployment, and business development skills around next gen security, Digital Trust, and Open Banking – all fully aligned with Vietnam’s State Bank Circulars 50, 77, and 64. The program took place over two days (April 16–17, 2026) in Hanoi. It’s part of our long term strategic partnership to equip Vietnet with deep expertise and real world implementation skills – so they can bring world class security solutions to customers right here in Vietnam and across the ASEAN region. SAM Appliance – All in one data encryption, digital signature & mobile identity On the first training day, Savyint’s experts walked everyone through today’s biggest security challenges: the explosion of connected devices, tough compliance rules (GDPR, PCI DSS, eIDAS…), and the pressure to move toward post quantum cryptography (PQC). That’s where SAM Appliance comes in. It’s a complete package for data encryption, digital signatures, and mobile identity – fully compliant with standards for remote digital signatures, blockchain, cryptography, mobile payments, transaction encryption, time stamping, system security, IoT, Car2X, and more. But SAM Appliance isn’t just about signing invoices, contracts, certificates, or payment files. Built on a Cryptographic Security Platform (CSP), it also includes SCA & MFA, passwordless PKI based authentication, tokenization, end to end transaction signing, advanced mobile cryptography, and support for Post Quantum Cryptography (PQC) algorithms – ready for the next era of security. Plus, it integrates blockchain and cryptocurrency, enables mobile payments and digital wallets, and supports long term digital preservation with timestamps for 5, 10, even 20 years.  SAM Appliance proudly meets regional technical standards and international regulations, including FIPS 140 2 Level 3, ISO 9001:2015, ISO 14001:2015, ISO 27001:2022, GDPR, SOC 2 Type II, HIPAA, and PCI DSS. Alongside all the technical details, the Vietnet team also got to explore real life use cases from banking, finance, and government – so they can see exactly how the solution fits each customer’s unique challenges. Digital Trust & Compliance Beyond SAM Appliance, Savyint offers a full Digital Trust solution stack designed to strictly follow local and international legal requirements. It’s built on four pillars: Risk Management & Compliance, Cyber Security & App Protection, SCA/MFA Identity, and FMS AI Fraud. On top of strong authentication (passwordless with FIDO2/Passkey, biometrics, contextual auth, Smart OTP, push notifications…), the solution adds AI and Machine Learning. This helps banks and financial institutions detect, assess, and stop fraud across the entire user journey – from login behavior and device fingerprints to access context and transaction details. Combine that with RASP+ (runtime app protection) and TrustShield – a mobile fraud prevention platform using device fingerprinting, behavior analysis, and AI – and you get a seriously robust defense. These pillars form a complete, end to end architecture that protects devices, behavior, identity, and transactions all at once. This is Savyint’s real strength: building high value, long term solutions that keep customers safe while staying compliant across multiple markets – like Vietnam (SBV Circulars 50, 64, 77), the Philippines (AFASA Act, Circulars 1213–1215), Malaysia (MRiT, PDPA), and beyond. Expanding capabilities with Open Banking Day two of the training focused on the Open Banking Tech Stack – fully compliant with Circular 64/2024/NHNN. It includes: •           Savyint Open Banking Portal, Savyint API Management, Savyint Consent Management •           Savyint CIAM/SCA (PSD2), eKYC •           Savyint TPP Management, Fraud Prevention & Risk Management Savyint is positioned not just as a tech vendor, but as an end to end Digital Trust platform – providing the security and compliance layer for the entire Open Banking ecosystem. Sprinkled throughout the technical sessions were open Q&A discussions where Savis and Savyint could talk through real world scenarios, challenges, and implementation tips. This training is part of Savyint’s long term strategy to build a strong partner ecosystem in Southeast Asia – and to cement our position as a leader in Digital Trust, Open Banking, and next gen data security. Some snapshots from the training program:

SAVYINT Officially Joins the Cloud Signature Consortium (CSC): Advancing the Global Digital Trust Ecosystem

SAVYINT-Officially-Joins-the-Cloud-Signature-Consortium-CSC-Advancing-the-Global-Digital-Trust-Ecosystem

March 2026, SAVYINT has officially become a member of the Cloud Signature Consortium (CSC) – the world’s leading international standardization body in the field of cloud-based digital signatures and digital trust services. As the global digital economy undergoes profound shifts in both regulatory frameworks and technical standards, establishing common benchmarks for cross-border electronic transactions has become an urgent priority. SAVYINT –  a pioneer in security and trust services – has officially joined the Cloud Signature Consortium (CSC). This milestone reaffirms SAVYINT’s position and commitment to aligning its digital signature and authentication solutions with the highest international standards. Trust with Cross Border As a CSC member, SAVYINT’s Chairman of the Board, Mr. Steve Huang, made a notable introduction at the CSC online networking session themed “Trust with Cross Border — The EU–Mercosur Free Trade Agreement and Its Impact on the Digital Trust Ecosystem”. During the session, leading experts shared insights on the opportunities and challenges in advancing global interoperability for cross-border digital signatures. For SAVYINT, participating in these international dialogues is not only an opportunity to stay current with the most advanced technical specifications, but also a chance to connect with strategic partners across Europe and Latin America — laying the groundwork for SAVYINT’s international market expansion strategy. SAVYINT – Leading Digital Trust Solutions in the Region SAVYINT Group is a premier IT security company headquartered in Australia, with a Research & Development (R&D) center based in Vietnam. With a strategic focus on building market-adaptive digital trust infrastructure, SAVYINT has developed a comprehensive suite of solutions including: Qualified Remote Signing, VA & Timestamp, PKI in a Box, SAM Appliance, ePaperless, eStamping, and eArchive. All platforms are entirely researched and developed in-house, ensuring high flexibility and customizability to meet the distinct legal frameworks and trust requirements across regional markets including SEA, APAC, and MENA, as well as international standards such as PSD2/PSD3, eIDAS, GDPR, and beyond. Looking further ahead, SAVYINT is also committed to realizing a roadmap toward post-quantum-ready trust services, encompassing PQC-enabled cryptographic infrastructure and PKI. As a member of CSC, SAVYINT commits to long-term contributions to the digital trust community, synchronizing with international standards, sharing real-world implementation experience, and offering practical perspectives from Vietnam and other emerging markets to help make CSC’s standards more comprehensive and reflective of the world’s diverse realities. Digital trust knows no borders, and joining CSC is the foundation upon which SAVYINT will realize that vision on a global scale.

PIONEERING THE NEXT GENERATION OF SECURITY: QUANTUM AND AI HORIZON 

On March 26, Savyint welcomed a student delegation from the University of San Agustin, Philippines. During the visit, the students got a first-hand look at leading technology trends such as Post-Quantum Cryptography (PQC), the Digital Trust platform, AI in fraud prevention, and especially Agentic AI – fields that are shaping the future of global digital security and transformation. 1. Post-Quantum Cryptography (PQC) – Ready for the New Era As quantum computing gets closer to a breakthrough, traditional encryption methods are at risk of being broken. PQC (Quantum-Resistant Cryptography) has emerged as a vital solution, designed to protect data infrastructure against the massive computing power of this new era. Savyint is a pioneer in integrating advanced PQC standards (like ML-KEM and ML-DSA) into its core systems to secure devices. Furthermore, Savyint has established the Quantum AI Lab – a leading lab in Vietnam for researching and testing these quantum-resistant algorithms. Here, they simulate real-world attacks from “AI hackers” to test how strong their security layers really are. 2. AI Fraud & Digital Trust – Protecting Finance in the AI Age Beyond the pressure from quantum computers, threats like Deepfakes and automated malware are making financial security more urgent than ever. Savyint shared an overview of the 2025 threat landscape, where fraud not only causes financial loss but also creates legal risks for organizations. To fight this, Savyint introduced its Digital Trust platform. This platform uses AI to analyze user behavior, detect unusual activity, and make decisions in real-time. The system is built on four pillars: device security, advanced authentication, AI-based fraud detection, and risk management. 3. Agentic AI – Toward Self-Operating Security Systems Savyint also introduced Agentic AI – AI systems capable of making decisions and taking action on their own, rather than just creating content or analyzing data. In fraud prevention, Agentic AI is used to simulate complex attack scenarios to “train” defense systems, helping them react and adapt faster over time. Additionally, these AI agents can: This approach marks a shift from “reactive” systems to “autonomous” (self-operating) systems, where AI acts as an active partner in the security ecosystem. The visit gave the University of San Agustin students a practical look at how cutting-edge tech is used in real businesses. It was more than just a learning experience; it was inspiration for the younger generation to join the journey of global innovation. See more photos from the event below: 

Consent Management in Open Banking

Open Banking is a new financial ecosystem that allows users to securely share their personal financial data with third-party providers, such as fintech companies or other financial institutions. By sharing this data, these organizations can provide personalized financial services to users. So, how is Open Banking data processed, and for what purposes is it used? Open Banking: Consent Management To provide and develop high-quality products and services, Third-Party Providers (TPPs) require user consent to access their financial data. From there, they filter and process this data for research purposes and to build new financial products and services. Consent management is a sensitive matter that requires caution and expertise in both legal and technical aspects. Contrary to popular belief, consent management is not just a simple click or checking an “I Agree” box; it is a structured process implemented in compliance with regional and national regulations and directives, such as PSD2/PSD3 or GDPR in the EU. The consent management process in banking typically unfolds as follows: While different organizations may present data access agreements differently, this is the most common mechanism, often used in: Understanding how data and information flow during the consent request process is a decisive factor for transparency and the success of organizations in Open Banking. The Process of Managing Consent for Open Banking Data Sharing The consent management process is generally divided into three stages: a. Consent Stage b. Authentication Stage c. Authorization Stage Throughout every process, users always know who they are granting access to, for how long, and for what purpose. Most importantly, users can revoke consent at any time. The information available to users typically includes: Open Banking Data Sharing: How Does It Work? Open Banking allows third-party financial service providers to access information with user permission. Technically, this process is facilitated via Open APIs. Legally, the data-sharing process is overseen and governed by existing government regulations, such as the Payment Services Directive (PSD2) in the EU or the Open Banking Act in the UK. However, as these regulations vary by region, the types of data shared through open banking services also differ. Typically, to ensure transparency and integrity, there are multiple layers of security and verification during the data exchange between financial institutions and TPPs. Data transmission is executed in a “heartbeat” thanks to APIs, ensuring a seamless, secure, and efficient experience. Who Can Access Open Banking Data? Not everyone can access data in Open Banking. To view this data, user consent is mandatory, and the TPP must be licensed. TPPs must also meet specific requirements before being authorized to access a user’s financial information. Dedicated competent authorities are responsible for licensing TPPs to access user data. For example, in Australia, the Australian Competition and Consumer Commission (ACCC) is responsible for Open Banking data licensing. These agencies ensure that personal financial data sharing does not violate the law while having the power to grant, modify, or revoke data collection licenses. What Data is Collected in Open Banking? The data collected by open banking service providers may vary depending on the regulations of each country/region and the type of service provided. Regulators often set strict rules on the type of information that can be collected, limiting the scope to ensure TPPs only access what is strictly necessary. The most commonly collected data includes: How Does Open Banking Protect User Data? Protecting data in Open Banking is a top priority for regulators and financial institutions. Security measures applied include: However, alongside these protections, certain risks remain of concern to developers and users: In summary, while risks cannot be entirely eliminated, current security measures are established to ensure user data is protected within the open banking system. Nevertheless, users should also protect themselves by using strong passwords, updating software regularly, and staying vigilant against phishing attacks. Furthermore, empowering users to manage their open banking data is an excellent way for them to take responsibility for when and how they wish to provide their information. TPPs must clearly communicate the purpose and the data to be collected to ensure transparency and Open Banking data privacy. Savyint and Savyint Consent Management As an global technology company with extensive expertise in PKI, Cryptography, Blockchain, Electronic Identification, Authentication, Savyint proudly introduces Savyint Consent Management, specifically designed for the collection, storage, and transparency of user data rights. As an international technology group with extensive expertise in PKI, Cryptography, Blockchain, Electronic Identification, Authentication, and Open Banking/Finance, Functioning as a central “Trust Engine,” this solution automates 100% of the processes for collecting, storing, and verifying data rights across the entire customer journey. Savyint Consent Management enables enterprises to process sensitive data with total transparency, ensuring full compliance with global and local regulations such as Vietnam’s Personal Data Protection Law (No. 91/2025/QH15), Circular 64/2024/TT-NHNN, GDPR, FAPI 2.0… Advanced Technologies of Savyint Consent Management: Connect with Savyint’s experts today to lead the way in the data security era and build sustainable digital trust!

Dreamland Soirée: A Dreamy Wonderland for the Muses of Savyint

Dreamland Soirée A Dreamy Wonderland for the Muses of Savyint

March gently knocks on the door, bringing with it the colors of spring and warm wishes dedicated to the wonderful half of the world. In the space of “Dreamland Soirée,” the company lobby was transformed into a softer, more sparkling setting where the muses of Savyint could truly shine. This year, beyond flowers and gifts, the women of Savyint also had a special moment to pause and enjoy time just for themselves. The Beauty Corner – Where the Muses Shine  Dreamland Soirée featured a charming “beauty corner” right at the office, where the ladies could enjoy getting their nails and lashes done in a gentle and relaxing atmosphere. How long has it been since we last sat down, unhurried, choosing our favorite nail color? How long has it been since we tried a little change to see ourselves shine a little brighter? With soft music in the background and cheerful conversations all around, every hand was carefully pampered, and every gaze became more radiant with delicately curled lashes. Nothing too extravagant – just a little moment of self-care was enough to bring more confidence to every smile and a sparkle to every pair of eyes. During the morning, the ladies also received lovely pink cups of milk tea, thoughtfully prepared by the gentlemen of the company. With flowers, gifts, and heartfelt wishes, everything came together just perfectly to make every woman feel appreciated and cherished. A Cozy Celebration and Warm Wishes for March  Later in the afternoon, members of the S-family gathered together for a cozy celebration to mark International Women’s Day (March 8), while also sending birthday wishes to colleagues born in March. To warm up the atmosphere, everyone joined the game “Guess the Word from the Image.” Quick thinking and surprising answers filled the room with laughter and joyful moments. In the blink of an eye, Ms. Trang Nhung and Ms. Hieu Ly dominated the game with 5 out of 10 correct answers, receiving lovely small gifts from the organizing team. Following the lively minigame, everyone gathered together to celebrate the March birthdays. Wishing our colleagues a new year filled with health, happiness, and continued passion in their work. The day of March 8th ended with countless smiles and laughter. Thank you to all the wonderful women for always being gentle and graceful, yet strong and resilient. May the beautiful half of our team continue to shine in your own unique ways and keep glowing on the journey ahead. Let’s take a look back at the memorable moments from Dreamland Soirée – A Dreamy Wonderland for the Muses of Savyint. 

SAVYINT Supports BAC A BANK in Upgrading Passwordless Authentication in Compliance with Circular 50/2024/TT-NHNN and Circular 77/2025/TT-NHNN (Vietnam)

SAVYINT successfully implemented passwordless authentications for BAC A BANK, including SmartOTP, Smart Token. The project enables the bank to fully comply with Circular 50/2024/TT-NHNN and Circular 77/2025/TT-NHNN issued by the State Bank of Vietnam while strengthening transaction security and reinforcing customer trust. Overview – Industry: Banking & Financial Services – Project: Deployment of passwordless authentication including SmartOTP, Smart Token for retail and corporate customers– Timeline: 2025  1. BAC A BANK and the Challenge of Complying with Circular 50/2024/TT-NHNN and Circular 77/2025/TT-NHNN  Established in 1994, BAC A BANK currently operates 138 transaction offices across major cities and provinces in Vietnam. In 2024, the bank ranked among the Top 5 banks with the largest foreign exchange transaction volume in Vietnam.  In 2024, the State Bank of Vietnam issued Circular 50/2024/TT-NHNN on security and safety requirements for providing online banking services, which officially came into effect on January 1, 2025. The regulation introduces several key requirements, particularly: In 2025, the State Bank of Vietnam continued to enhance the regulatory framework by issuing Circular 77/2025/TT-NHNN, which will take effect on March 1, 2026. This circular amends and supplements several provisions of Circular 50 to further strengthen security and risk management requirements for online banking services. As a result, BAC A BANK needed to upgrade its authentication infrastructure to comply with the new regulations while ensuring secure and reliable electronic transaction authentication for both retail and corporate banking customers. 2. SAVYINT’s Solution  As a global technology company specializing in Secure Payment, Digital Trust, and Open Banking, SAVYINT delivered a comprehensive electronic transaction authentication solution such as SmartOTP and Smart Token. The solution is designed in alignment with the regulatory requirements of Circular 50 and can be seamlessly integrated into the bank’s Internet Banking and Mobile Banking ecosystem, supporting both retail and corporate customers. 2.1. System Architecture  The advanced authentication system implemented by SAVYINT includes two main components:  2.2. User Groups    2.3. Models  The system supports two primary authentication flows:  2.4. Key Use Cases   a. SmartOTP and Smart Token Service Activation & Management  b. Transaction Authentication using SmartOTP, Smart Token The solution also supports Web-to-App authentication and App-based authentication, ensuring flexibility in service usage. c. Multi-Level Transaction Approval  d. PIN Management and Security Protection  e. Support Features and User Convenience  3. Results    Following the successful deployment of SAVYINT’s passwordless authentication solution, BAC A BANK fully met the requirements of Circular 50/2024/TT-NHNN and Circular 77/2025/TT-NHNN issued by the State Bank of Vietnam. The solution is consistently applied across both retail and corporate banking services.  By implementing advanced and passwordless authentication methods such as SmartOTP, Smart Token, BAC A BANK achieved several key benefits: This strategic upgrade enables BAC A BANK to strengthen digital trust and enhance its competitiveness in the evolving digital finance landscape.

Savyint Officially Announces Strategic Partnership with VietNet and SAVIS to Build a Digital Trust Ecosystem in Vietnam

Savyint Officially Announces Strategic Partnership with VietNet and SAVIS to Build a Digital Trust Ecosystem in Vietnam  

On January 16, 2026, Savyint successfully hosted the event “Strategic Partnership Announcement, Cooperation and Market Development in Vietnam” officially marking a long-term strategic partnership between Savyint – VietNet – SAVIS Group. The event represents a significant milestone in Savyint’s growth strategy in Vietnam and Southeast Asia, reaffirming Savyint’s strong commitment to long-term , structured and sustainable investment in building a comprehensive, compliant and trusted digital security ecosystem. As the event organizer, Savyint proudly presented Strategic Partner Certificates to VietNet, its strategic distribution partner in Vietnam, and SAVIS Group, its technology partner. The event also featured live demonstrations of key solutions within Savyint’s Digital Trust ecosystem, aligned with the development direction of the Vietnamese market. The event was attended by representatives from the Ministry of Science and Technology, the Information Technology Department of the State Bank of Vietnam, the Government Cipher Committee under the Ministry of National Defence, the Vietnam Software and IT Services Association (VINASA), leaders of the three companies, as well as banks and organizations operating in Finance – Banking, Cryptography, Information Technology and Cybersecurity. Building a Digital Trust Ecosystem – An Inevitable Trend of the Digital Economy Speaking at the event, Mr. Nguyen Khac Lich, Director General of the Department of Information Technology Industry (Ministry of Science and Technology), emphasized that the strategic partnership announcement between Savyint – SAVIS – VietNet is a concrete demonstration of the Party and Government’s policy to place technology enterprises at the center of innovation, science and technology development, digital transformation, and the “Make in Vietnam to Lead” strategy. He highlighted that the three-party cooperation model creates a complete digital technology value chain, contributing to a secure and trusted foundation for the digital economy. At the same time, it opens opportunities for Vietnamese technology enterprises to expand into regional and international markets, fully reflecting the enterprise-centered innovation spirit as defined by Resolution 57 and Resolution 68. Mr. Brad Palmer, Vice Chairman of the Board and Chief Executive Officer of Savyint, shared that Savyint has been present and growing in Vietnam for more than 15 years. The partnership with VietNet and SAVIS Group marks an important step in expanding Savyint’s deployment network and bringing its “Made in Vietnam” solutions closer to organizations and enterprises, particularly in the Finance – Banking sector and critical digital infrastructure. Under the cooperation agreement, VietNet, as the strategic distribution partner, and SAVIS, as the technology partner in Vietnam, will work closely with Savyint to deploy, integrate and develop solutions for authentication, encryption, digital identity, digital signatures and transaction authentication in Vietnam and Southeast Asia. Within the cooperation framework, the parties will share implementation experience and technical expertise, while jointly organizing solution showcases, technology demonstrations and in-depth training programs to enhance deployment and operational effectiveness. The partnership is built on leveraging each party’s strengths, ensuring effective coordination, regulatory compliance, and contributing to higher levels of security and trust in electronic transactions in Vietnam. Digital Trust – Strengthening Security, Enabling Digital Confidence As digital transformation accelerates alongside increasing requirements for security, safety and regulatory compliance, Digital Trust has become a foundational pillar for ensuring confidence in digital transactions and services. With this vision, Savyint has developed a comprehensive Digital Trust ecosystem designed to protect the digital financial ecosystem and support the sustainable growth of the digital economy. The Savyint Digital Trust ecosystem consists of the following key solutions:  These solutions are also the core offerings within the three-party cooperation framework, designed to meet stringent requirements for security, fraud prevention, regulatory compliance and scalability, fully aligned with the Vietnamese and regional markets. Mr. Le Tuan Dat,  Chief Executive Officer of VietNet, stated: “As the strategic distribution partner, VietNet will focus on bringing SAM Appliance, SAM Auth Server, SAM FIDO Identity Server and Mobile Security solutions (TrustShield, RASP+) to the Vietnamese market, particularly in the Finance – Banking sector and critical information systems, ensuring compliance with regulatory requirements and operational models.” Meanwhile, Mr. Pham Van Duc, Chief Executive Officer of SAVIS Group, emphasized: “With extensive hands-on experience in information security infrastructure, electronic transactions, digital signatures and trust services, SAVIS will work closely with Savyint and VietNet to integrate, operate and optimize authentication, encryption and digital security solutions.”    The combination of Savyint (core technology) – VietNet (distribution & market development) – SAVIS (deployment & integration) forms a comprehensive cooperation model, enabling customers to access digital security solutions that are effective, compliant and trusted. About Savyint Savyint is a technology company headquartered in Sydney, Australia, with an R&D center in Hanoi. The company specializes in providing platforms, system solutions and services in Digital Trust, Open Banking, Secure Payments and cryptography for the Finance – Banking, FSI and Government sectors, meeting stringent requirements for security, compliance and scalability.About VietNet Founded in 2011, VietNet Distribution JSC is a professional technology distributor in Vietnam, with a well-trained workforce, strong market insight and a scientifically structured operating model. With more than 15 years of market development experience, a broad partner ecosystem, and strong consulting, technical support and operational capabilities, VietNet has established itself as a trusted distributor, particularly in the fields of information security and digital infrastructure.About SAVIS With 20 years of experience, SAVIS Group is a leading trusted service provider, recognized for its digital signature and electronic signature solutions, identity authentication and trust services across sectors such as Finance – Banking, Media, Digital Government, Healthcare and Education, in compliance with both domestic and international standards. Media coverage of the event: Event Highlights: