MSB, Mambu cue Vietnam’s first digital-only bank

Vietnam-based commercial bank MSB will adopt Mambu’s cloud-native banking platform as its key technology solution to help the business undergo a radical digital transformation, with a plan to launch the country’s first digital bank by the end of this year.

Mambu’s composable banking platform will underpin MSB’s move to digital as the business aims to be the first to market with a cloud-based bank offering in the region.

Mambu’s pure SaaS technology will be a critical tool to enable flexibility as MSB seeks to better understand customer needs and provide superior customer service.

“We’re investing heavily in our digital transformation and have also assigned significant resources to ensuring we have improved product offerings for our valuable customers,” said Bryan Carroll, CDO of MSB.

“We’ve selected Mambu’s composable platform to build Vietnam’s first digital-only bank as it is fully scalable, allowing us to grow quickly and respond with agility to customer needs as they arise,” said Carroll. “The Mambu platform is also completely configurable, meaning we can design it to meet our specific requirements.”

Myles Bertrand, Mambu’s managing director in Asia Pacific, said their cloud-native technology is the ideal platform to consolidate MSB’s position as a first-mover in the digital banking landscape in Vietnam.