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Signing ceremony between Talentnet and HSBC Vietnam About HSBC’s Host-to-Host corporate connectivity solution

HCMC - 06th October 2020 – Talentnet and HSBC Bank (Vietnam) marks a new chapter in our cooperation by a signing ceremony on HSBC’s host-to-host corporate connectivity solution (HSBC Connect). Talentnet becomes the first Vietnamese company that HSBC Vietnam provides this platform to enable the digital transformation in payment transactions.

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With the nature of payroll outsourcing service together with other HR offerings, Talentnet handles a huge volume of payment transactions which is up to tens of thousands per month and the operations is highly regulated. Instead of human intensive process to manually upload payment files to bank’s web-based platform, Talentnet benefits from a streamlined and fully automated payments process delivered via HSBC's host-to-host corporate connectivity solution - HSBC Connect, with the high confidentiality and security in the process based on Talentnet’s decentralization and authorization.

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Ms. Tieu Yen Trinh, CEO of Talentnet, shared “With more than 20 years providing HR services to over thousands of big foreign and Vietnamese companies, we understand that security and confidentiality is the first priority while productivity and efficiency need continuous improvement. Therefore, the partnership with HSBC on this digital solution is one of our strategic milestones in accelerating digitization, delivering a forward-thinking approach and ensuring our commitments to clients in long term”.