October 1, 2013 – by Peter B. Counter
The Bank for Investment and Development of Vietnam (BIDV) has entered a strategic partnership with Morpho (Safran) that will see the identity solutions provider promoting the use of biometrics, payment and digital identity management technologies. The two organizations announced today that they have signed a Memorandum of Understanding to collaborate in enhancing IT security and the associated staff education and training.
Tran Bac Ha, CEO of BIDV commented on the agreement: “By choosing Morpho’s high-tech solutions for integration in our current systems, BIDV has gained a strategic partner, allowing us to give our clients and employees state-of-the-art, high-security biometric-based solutions.”
Morpho CEO Philippe Petitcolin reveals the bigger picture in providing the state owned bank easy to use financial high security, saying that the partnership not only benefits both parties but also reflects the company’s strategy in developing its business in the Asian marketplace.
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