Media OutReach Newswire

2024-11-13 13:45

Cake digital bank launches its fully cloud-based card management system using Visa solutions, making the first deployment in Vietnam

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 November 2024 - Cake by VPBank (Cake), Vietnam's largest digital bank by user base, revenue and products varieties, announced the launch of its first fully cloud-based Card Management System (CMS) in collaboration with Visa. The new cloud-based CMS utilizes Visa Cloud Connect on Google Cloud (GC) infrastructure as its access model to the Visa network. This innovative solution is the first of its kind in Vietnam and is now available on Cake's platform, significantly advancing payment processing modernization.

Leaders of Cake, Visa, and Google Cloud in Vietnam at the launch of Cake's full cloud-based card management system.
Leaders of Cake, Visa, and Google Cloud in Vietnam at the launch of Cake's full cloud-based card management system.

Visa Cloud Connect allows financial institutions to securely connect to the Visa network via participating cloud-based infrastructure, simplifying and accelerating access to Visa's global payment network. This benefits a wide range of businesses, from early-stage fintechs and traditional clients, to cloud-native enterprises, looking for faster time-to-market, infrastructure modernization or business expansion, regardless of their existing connections to the Visa network.

Cake is Visa's first banking partner to successfully implement a full cloud-based card management system on Google Cloud.
Cake is Visa's first banking partner to successfully implement a full cloud-based card management system on Google Cloud.

Businesses using Cake's platform benefit from Visa Cloud Connect's enhanced operational capabilities, such as reduced data center overheads and costs. It promotes operations-driven sustainability and scalability to meet demand and adaptability for future payment innovations and growth. Visa Cloud Connect supports all card and transaction types, is available globally, and maintains the highest levels of security and control.

Ms. Dung Dang, Visa Country Manager for Vietnam and Laos, said: "This collaboration empowers Vietnamese businesses with advanced technologies essential for thriving in today's digital economy. A cloud-based solution enhances operational efficiency and promotes cashless payments, aligning with our vision for a digital future in Vietnam. It underscores Visa's commitment to supporting fintech innovation and financial inclusion in the region."

Cake is the first issuing bank globally to have implemented Visa Cloud Connect on Google Cloud Infrastructure. Cake's proprietary payment processing platform built on modern architecture domain oriented microservices, event-driven architecture, taking advantage of Google Cloud unique offerings such as GKE Enterprise, Spanner, Pub/Sub and BigQuery. Recently, Cake launched Vietnam's first disposable virtual debit card on this new platform, with additional debit and credit card products forthcoming.

Mr. Tu The Hien, Chief Technology Officer at Cake by VPBank, added: "Technology is the backbone of Cake's rapid growth. This collaboration integrates Visa's payment expertise, Cake's innovative DNA and Google Cloud's secure and scalable infrastructure to deliver a seamless payment experience and operational efficiency. It reaffirms our ability to work with leading global organizations to provide comprehensive financial solutions with excellent customer experiences, true to our 'Easy as Cake' motto."
Hashtag: #VisaCloudConnect #Cake #GoogleCloud #CardManagementSystem




發佈者對本公告的內容承擔全部責任

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.

Learn more at .

About Cake digital bank

Cake by VPBank digital bank (Cake) launched in January 2021 in Vietnam. Cake is only-digital bank that applies AI in the entire banking process with the orientation of "Next GenAI Bank". As of September 2024, Cake digital bank serves more than 4.6 million customers and provides a full range of personal financial services of the banking sector, including: bank transfer, payment, savings, investment, consumer loans, BNPL, credit cards, etc. In Vietnam, Cake is the only-digital bank that meets the ISO/IEC 30107-3 standard for facial biometrics, Cake also meets the highest standard for payment card data security - PCI DSS 4.0 level 1. In 2024, The Asian Banker recognized Cake as the "Best AI Technology Implementation". At the same time, Euromoney also voted Cake as "Rising Star 2024".
For more information:

source: Visa

《說說心理話》成人亦會專注力不足?嘉賓分享中年確診過度活躍症+自閉症過程!► 即睇

人氣文章
最近7天
1
港股 | 蕭猷華:內地AI發展迅速,阿里巴巴股價看俏
2
PapaHome淘寶家具實體店22日開幕,選址尖沙咀中港城,料創100個就業機會
3
財政預算案2025 | 重點文字直播/Youtube直播(稍後送上懶人包)
4
高息定存 | 華僑銀行推新春港元定存優惠,88天或188天享3.68厘
5
高息定存 | 一周高息合集,蛇年定存金蛇起舞,1個月定存高達8厘
6
高息定存 | 一周高息合集,3個月5厘之選有邊間?6個月最高3.55厘
7
啟德體育園明天足球賽測試,4.4萬公僕參與涉逾400萬車馬費
8
高息定存 | 一周高息合集,減息預期降溫,銀行3個月最高5.68厘,6個月3.55厘
9
環球央行 | 歐洲央行宣布再次減息0.25厘,符合市場預期
10
專訪 | 關稅戰 | 香港物流協會副會長梁庭彰:美物流商停收包裹對跨境電商打擊重大
11
港股 | 午市前瞻 | iPhone SE難救中國市場 專家提醒比電已超買
12
【FOCUS】悟空、哪吒、DeepSeek,如何啟示香港
13
大S | 台灣藝人徐熙媛因流感併發肺炎逝世,享年48歲
14
收市短打 | 楊韻銳:港股升勢有成交配合 惟留意關鍵阻力位!
15
日入而息 | 習近平據報下周見科企領袖,證監會審視8券商孖展風控,大酒店轉蝕9億
16
高息定存 | 信銀國際12個月港元定存高達3.5厘
17
彭博亞洲20大富裕家族,香港5大家族上榜,新地郭氏排名最高,無李嘉誠李兆基?
18
民營企業座談會 | 習近平在京出席民營企業座談會
19
港股 | 午市前瞻 | AI應用概念炒作有錢途 下階段部署邊隻好?
20
AI | 追捧DeepSeek,全球對沖基金棄印度投中國
21
David Webb:因病情惡化,將有序結束個人財經網站
22
AI | 蔡崇信確認阿里與蘋果合作,撰文談DeepSeek崛起帶來兩大啟示
23
譚仔 | 譚仔國際日資大股東溢價76%建議私有化今復牌,上市不足三年半
24
神州經脈 | 習近平:經濟政策不會變,民企大顯身手正當其時
25
港股 | 蕭猷華:恒指升勢可持續?
26
2025強積金整合獎賞一覽 轉供應商最多竟然可賺!?
27
比特幣 | 亞洲時段虛擬貨幣大幅下跌,31萬人爆倉
28
美股收盤 | 美股三大指數收市報跌,道指跌近750點
29
神州經脈 | 中國減持美債,螞蟻入局具身智能,70城樓價向好
30
隱瞞「賣殼」欺詐罪成,詹培忠判囚34個月,詹劍崙囚37個月
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

etnet榮膺「第九屆傳媒轉型大獎」四大獎項

【限時優惠$68/月】申請etnet強化版MQ手機串流報價服務 捕捉板塊輪動,提高獲利勝算

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

2025-26年度財政預算案

大國博弈

貨幣攻略

說說心理話

Watch Trends 2024

北上食買玩

Art Month 2024

理財秘笈

流感高峰期

山今養生智慧

輕鬆護老