The event marked an important milestone in expanding credit information services (TTTD), helping customers improve their access to credit data and modern financial services.
Attending the signing ceremony, on the CIC side, there were Mr. Tran Trung Dung - Acting General Director of CIC, Mr. Le Anh Tuan - Deputy General Director of CIC; on the MoMo side, there were Mr. Do Quang Thuan - Executive Vice Chairman of the Board of Directors, Permanent Deputy General Director, Mr. Nguyen Ba Diep - Co-founder of MoMo Financial Technology Group, along with leaders and experts from both sides within the framework of the cooperation project.
At the signing ceremony, representatives of both sides shared a panoramic view of the picture of personal credit in Vietnam in recent times such as consumer loan demand, prepaid purchases, opening credit cards, ... increased sharply, digital touch points became the main channel while the requirement of transparency and confidentiality for credit records was increasingly put first.
In addition to positive signals, the market also faces many challenges such as black credit penetrating into economic life with high interest rates, " vague" terms, people do not clearly understand how "credit points" affect interest rates, limits, or the ability to approve loan applications, especially the widespread appearance of unofficial "view points" channels, increasing the risk of personal data leakage.
The cooperation between the two sides aims to expand access to official credit data for people on the MoMo financial application. This is considered an important step forward in the journey to realize the goal of promoting the national digital financial ecosystem in Vietnam, where data is considered a "special asset". Accurate and timely access to credit information will help people - consumers of financial services in the digital age - monitor and supervise their own credit information, thereby increasing proactiveness in making financial decisions.
