RUNSYSTEM | GMO-Z.com RUNSYSTEM Joint Stock Company

GMO-Z.com RUNSYSTEM has successfully completed the implementation of the chip-embedded citizen identity card and biometric authentication system for Bac A Commercial Joint Stock Bank in a record time of just 2 weeks with the SmartKYC.eID solution. This project has enabled Bac A Commercial Joint Stock Bank to comply with Decision No. 2345 issued by the State Bank of Vietnam (SBV) before the deadline of July 1, 2023, while ensuring a seamless verification process and appropriate load balancing to provide customers with an uninterrupted experience.

2 weeks of rapid deployment and the numbers that demonstrate the dedication and enthusiasm of GMO-Z.com RUNSYSTEM

In this project, GMO-Z.com RUNSYSTEM played a role in coordinating and consulting on each step of implementing customer verification and enhancing payment security. At the same time, we provided timely solutions with full functionality according to the standards of the State Bank of Vietnam (NHNN) and Bac A Commercial Joint Stock Bank with the SmarKYC.eID solution.

Images from the Go-Live ceremony of the chip-based and biometric ID verification project for Bac A Commercial Joint Stock Bank

More than 300 verification devices at transaction counters have been installed and are expected to handle millions of verification transactions (via mobile application and at counters). These are the numbers that demonstrate the dedication, enthusiasm, and rapid deployment of GMO-Z.com RUNSYSTEM throughout the project.

Images of staff guiding biometric verification at the transaction counter

Implemented in a short time – bringing sustainable achievements

Despite the tight implementation timeline for both GMO-Z.com RUNSYSTEM and Bac A Commercial Joint Stock Bank, the deployment process faced many arising issues. However, thanks to the professionalism and flexibility of the GMO-Z.com RUNSYSTEM team, all problems were resolved quickly, ensuring accuracy in the schedule:

• Completing the online verification flow, customer onboarding, and direct verification at counters.
• Coordinating to modify the verification screen interface on the app based on Bac A’s brand identity.
• Meeting strict counterfeiting detection capabilities with an error rate of less than 1% in facial verification.
• Supporting Bac A Commercial Joint Stock Bank in managing risks during system changes and assisting in integration for maximum performance.
• Utilizing the existing infrastructure to ensure a smooth verification flow and appropriate load balancing in line with Bac A Commercial Joint Stock Bank’s business plan to ensure an uninterrupted customer experience.”

  Biometric Authentication Image on BAC A BANK Mobile Banking

  Positive feedback on the project from the representative of Bac A Commercial Joint Stock Bank

  Mr. Tran Van Giang – Director of the Electronic Banking Center – Retail Banking Division – Bac A Commercial Joint Stock Bank shared:

  “No other project related to electronic banking services of Bac A Commercial Joint Stock Bank has been executed so quickly with such a large workload while still meeting deadlines as accurately as the SmartKYC.eID project. In just two weeks, Bac A Commercial Joint Stock Bank successfully collaborated with GMO and other contractors to integrate the chip-based ID card authentication and the biometric authentication for Category C and D transactions. As a result, up to this point, after nearly two weeks of system deployment, Bac A Commercial Joint Stock Bank has received much positive feedback from users regarding their biometric authentication experience, both on the BAC A BANK Mobile Banking app and at transaction counters. Moreover, Bac A Commercial Joint Stock Bank has also paid great attention to the security standards applied to the solution, ensuring compliance with the requirements set by the State Bank of Vietnam (SBV) and international security organizations.

  Bac A Commercial Joint Stock Bank has complete confidence in the professionalism and dedication of the GMO team, who worked tirelessly day and night to ensure progress. We look forward to continuing our collaboration with GMO-Z.com RUNSYSTEM to further improve and upgrade the solution, bringing our customers the highest level of safety and satisfaction. And, of course, for other solutions in future projects as well.”

  The SmartKYC.eID solution, researched and developed by GMO-Z.com RUNSYSTEM, has been helping many banks and financial institutions solve biometric authentication challenges according to Decision 2345/QD-NHNN.

   

  

Images from the Go-Live Ceremony of the Chip-based ID Card and Biometric Authentication Project for Bac A Commercial Joint Stock Bank

For free consultation on the SmartKYC.eID Chip-based Citizen ID and Biometric Authentication solution, banks and businesses are kindly requested to contact the hotline: 097 583 0096 | 024 3577 8977 (Ms. Giang) or send an email to customer@ssolutions.vn.

Sincerely,