Innotech Viet Nam Corporation

TymeBank is the first bank in South Africa to put its core-banking platform in the cloud. 85% of TymeBank’s systems are AWS cloud applications that provide system scalability, uniform security and cost efficiencies. TymeBank’s use of technology and the strategic relationship with Pick n Pay and Boxer stores eliminates the need for physical branches. The reduced operating costs and the national presence of the retail stores removes the barriers that have traditionally prevented an estimated 11 million unbanked South Africans from accessing banking services.

Challenges of TymeBank: 

• Create a robust digital banking platform and enhance customer channels.
• Actively engage in the complete lifecycle of Tyme's new digital banking platform, including design, development, and maintenance.
• Obtain the advanced technical design and coding skills with in-depth knowledge of product development.
• Develop comprehensive test cases to uphold high-quality and reliable product deliveries.
• Work in cross-functional teams in Scrum and DevOps model to encourage collaboration and continual improvement within projects.

Solutions: We have provided a dedicated offshore mobile development team with 9 key members.

Project Challenges:

• Tymebank had set a deadline too short with a heavy workload.
• The client's expectations primarily revolved around high-level system specifications.
• A shortage of senior resources in AWS expertise and English proficiency added to project complexity.

Achievements:

• To assist Tyme in managing short, intense deadlines and heavy workloads, we have developed an efficient system, utilizing strict optimization processes to ensure timely project execution.
• We assembled a professional and experienced team, with members possessing the necessary capabilities and skills to handle a large workload within a short time frame.
• Innotech is committed to helping Tyme overcome these hurdles by leveraging a robust backend infrastructure and rigorous optimization processes to ensure smooth and on-time project progress.
• Innotech has made significant investments in a secure backend infrastructure and the use of advanced technologies to build powerful personal finance management tools for Tyme.
• We have optimized our backend infrastructure to simplify everyday financial tasks for Tyme. QR transfers and payments make transactions faster, biometric authentication enhances security, and real-time push notifications keep Tyme informed and in control.

Unifimoney is a full-featured Neobank for high earning professionals which is based in San Francisco but a genuinely international team speaking over 7 languages between them.  Unifimoney brings together the experience of both the traditional financial services world and the digital to create a service that is the best of both worlds. With the security, stability and compliance of the traditional world, flexibility and innovation of the digital. 

Challenges of Unifimoney:

• Developing an MVP of mobile Neobank application within 3 months for funding.
• Building a reliable offshore mobile development team in Vietnam to follow up on the project from beginning to end.

Solutions:

We have provided a dedicated offshore mobile development team with 9 key members. 

Project Challenges: 

• This is a secured banking application (iOS and Android), provides banking services for huge end-users.
• Manage accounts/balance/cards
• Manage spending/savings/investing
• PFM (Personal Financial Management)
• Transfer services
• We have to connect with the core banking of UMB bank
• We have to develop an MVP within a short time. 

Achievements:

• We Go-lived  MVP successfully in April 2020 with high satisfaction from the client.
• The client has placed its trust in us.
• Our dedicated teams became an essential part of the customer’s team.
• We worked together with high interaction.

Asia Commercial Bank, often abbreviated to ACB, is one of the largest private bank in Vietnam by asset of over $10 billion. Report about the Ranking of Vietnamese banks. The bank is listed at Hanoi Securities Trading Center under the symbol ACB. The Bank provides consumer and corporate commercial banking services, including deposits, corporate and consumer lending, as well as trade financing. It is also involved in capital and money markets at interbank level, along with treasury activities, commodities financing and international clearing and settlement.

Challenges of ACB:

• Required on high mobility technology content
• Supporting go-live system 24/7
• Required on high security process
• Using advanced technology such as biometrics or voice (face) recognition to enhance security
• Using SSL for any communications between the bank’s app and its servers
• Automatic log out after a period of user inactivity
• Obfuscating the app’s code during development
• Avoiding disclosure of sensitive information on the user device

Solutions: We have provided a dedicated offshore mobile development team with 9 key members.

Project Challenges:

• The client had set a deadline too short with a heavy workload.
• Customer’s requirements is about the system in high level.
• The client required milestone to urgently release the system close to Tet holidays.

Achievements:

• We assembled a dedicated team of highly skilled professionals who were fully committed to the success of the project, ready and willing to put in overtime, working diligently without additional charges. They went above and beyond, relentlessly seeking feedback and making collaborative decisions, demonstrating our unyielding leadership and ownership spirit.
• In tandem, a realistic timeline was established collaboratively, and open, transparent communication channels were set up with the client to ensure the translation of their high-level requirements into a comprehensive project scope.
• This commitment to excellence extended to the exclusive focus on milestone-based planning and client requirements, putting aside all other distractions, ensuring we achieved the goal of releasing the system close to the Tet holidays.
• Despite the challenging timeline, cost management was a resounding success, providing the client with a solution that was more cost-effective than other vendors could offer and result-commitment.
• Cutting-edge technology trends and best practices were harnessed to optimize development efficiency. This encompassed the incorporation of state-of-the-art tools, frameworks, and methodologies.