VPBank is awarded "Best Mobile Banking Initiatives 2021". — Photo courtesy of VPBank

VPBank became the only Vietnamese financial institution to be honoured by The Digital Banker magazine as "Best Mobile Banking Initiatives 2021" for its digital banking platform VPBank NEO launched in June this year.

This award is within the framework of the Global Retail Banking Innovation Awards 2021 and is held annually to honour financial institutions with outstanding achievements in the development and application of digital technology.

In the first year of participating in this new award category, surpassing candidates from many continents, VPBank NEO won the top position convincingly thanks to a series of important initiatives to help meet all needs of customers' financial transactions, as well as pioneering the application of leading technologies in the future.

This is reflected in factors such as a large number of users and high ratings on app stores. As of October, about four months after its launching, more than 2.6 million people have registered to use VPBank NEO with a rating on the App Store (iOS) and Google Play (Android), of 4.9/5, the highest level among digital banking applications so far.

About more than 95 million transactions have been performed on VPBank's digital platform with an average transaction processing frequency of more than 100,000 per hour.

A representative of VPBank said that the award recognised their efforts. This was motivation for VPBank NEO to constantly upgrade, innovate and deploy more new features and new utilities, worthy of being a reliable companion of users in modern life in the 4.0 era, the representative confirmed. — VNS