Techcombank selects Experian customer credit risk, analytics and services

Techcombank selected Experian to provide customer credit risk, analytics and services to support its growing customer portfolio.

Techcombank will adopt Experian's application processing and decisioning system to provide a platform that can validate consumer credit applications.

Experian claims that leveraging its technology, the bank will gain insights from its customer database to improve business decisions processing and raise the quality of consumer credits.

The bank will also be able to maintain compliance with the risk framework guidelines issued by the Central Bank.

Techcombank CEO Nguyen Duc Vinh said they are pleased to be partnering with Experian who has a proven track record in supporting global financial institutions.

"We are confident that its services will give Techcombank a competitive edge in providing better and faster customer services in the fast-growing Vietnam market," Duc Vinh said.