Proof of Usefulness Report

Cimb Bank Vietnam

Analysis completed on 1/25/2026

+378
Proof of Usefulness Score
Certified Problem Solver

The project represents a legitimate digital banking subsidiary (CIMB Vietnam) of a major ASEAN financial group, verified through external search (~$12M operating income, ~$300M assets). However, the submission quality is critically poor, featuring false claims ('most people have used my product'), lazy data entry ('everyone'), and a lack of verifiable internal metrics. The score reflects the high real-world utility and established market presence of the bank, heavily penalized for the unprofessional submission and lack of direct evidence provided.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+70.0
Technical Innovation+45.0
Evidence Of Traction+62.5
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+472.5
Usefulness Multiplierx0.80
Final Score+378

Project Details

Project URL
cimbbank.com.vn
Description
CIMB Vietnam entered the market with the sole purpose to Disrupt & Proliferate a Differentiated Digital Banking Model. Our business model today is to gain competitive advantage through collaboration across different industries. Our focus was simple – we were looking to align ourselves, with selected strategic partners which had a great reputation, strong industry relationships, complementary products to build a deep ecosystem play to drive financial inclusion in Vietnam. Through adapting to a dynamic and complex ecosystem, we strive to create value and advance our customers and society. Our business is Partnership-centric: 1. Agile product development and co-creation to provide new digital banking business models, as well as financial technology. 2. Leverage partner data and tech Ecosystem to disrupt: - Machine Learning and AI - Agile Tech Stack, CI/CD, Open API - Standardized Ecosystem Integration At CIMB, we commit to living up these EPICC Values: Enabling Talent Passion Integrity & Accountability Collaboration Customer Centricity Join us now: https://ejox.fa.ap1.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_11/requisitions

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline