← State of Embedded Finance 2026

Pvcombank

“Can PVcomBank transform from a traditional Vietnamese joint-stock bank into a digital-first financial institution serving retail consumers and micro-enterprises through its PVConnect platform?”

HQHanoi, Vietnam
IndustryBank / National
The story

PVcomBank (Vietnam Public Joint Stock Commercial Bank) is a licensed Vietnamese joint-stock commercial bank headquartered in Hanoi. Originally focused on traditional branch-based banking for retail and corporate customers, the bank has been investing heavily in digital transformation — selecting Temenos Digital on AWS for its mobile banking platform and launching PVConnect, its flagship digital banking app. The bank has expanded its embedded finance stack with in-house OCR/biometric KYC, PCI DSS Level 1 certification, international wire transfer services via SWIFT, and online credit products — signalling a strategic shift toward digital-first banking for both retail and SME segments.

Last 12 months
2025-01
2025-12
2026-03
Product timeline
2017
Launched 'Linh hoạt cấp vốn' micro-enterprise lending product with 24-hour approval and limits up to VND 1 billion.· lending
2022
Began PCI DSS Level 1 compliance journey with FPT IS as Qualified Security Assessor.· banking
2023
Achieved PCI DSS international security certificate version 3.2.1 at the highest level (Level 1).· banking
2023
Selected Temenos Digital on Amazon Web Services (AWS) to power its new mobile banking app.· banking
2025
Launched PVConnect app with SWIFT-based international transfers, zero fees for new customers, and promotional fee waivers on Golden Days.· banking
2026
Launched 'Tài khoản dự phòng' (overdraft reserve account) on PVConnect — an online credit product offering up to VND 200 million approved in 3 minutes.· lending
Regulated entities
Commercial Bank Charter
Vietnam
Ngân hàng TMCP Đại Chúng Việt Nam (Vietnam Public Joint Stock Commercial Bank)
The stack
Lending
PV FAST — short-term working capital loan for micro enterprises (up to 85% of capital need, approved in 24h)Cho vay bổ sung vốn lưu động — supplementary working capital loanLinh hoạt cấp vốn — MSME micro-enterprise loan (up to VND 1 billion, 24h approval)Tài khoản dự phòng — pre-approved overdraft line of credit on PVConnect (up to VND 200 million, 3-minute approval)
Accounting gap: minor