Phnom Penh, February 2, 2023: Hattha Bank Plc. has become the official member of CamDX, a unified yet decentralized data exchange platform developed and launched by Techo Start-Up under the Ministry of Economic and Finance. This strategic membership enables Hattha Bank to integrate CamDX's innovative e-KYC solution or CamDigiKey into its wide array of digital services – particularly the newly-enhanced Hattha Mobile 3.0.
With the integration, both new and existing customers of Hattha Bank will soon be able to instantly open a savings account online no matter when or where they are via Hattha Mobile. CamDigiKey utilizes the GDI database of the Ministry of Interior for customer identification, matching, and validation which makes the customer profile verification process a lot quicker, easier, and more secure.
Hattha Bank is the fourth financial institution in Cambodia that incorporates CamDigiKey into its digital banking services. This integration along with the modernized Hattha Mobile 3.0 is a huge statement from one of the Kingdom's largest commercial banks that envisioned to becoming a full-fledged digital bank that makes banking simple and accessible to customers from all walks of life.
About CamDX of Techo Start-Up
CamDX, award winner of the 2022 Open Source Adaptation of the Year by the Future of Government Awards, stands for Cambodia Data eXchange, which adopts the model of X-Road of Estonia. CamDX is a unified yet decentralized data exchange layer between information systems that offers a standardized and secure way to provide and consume services. CamDX ensures confidentiality, integrity, and interoperability between a multitude of different data exchange parties.