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Why Indonesia needs Fintech?
Southeast Asia’s largest economy would rather use fintech platforms for their financial needs rather than the country’s more well-established banking institutions with regulations being proposed to...
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Grab Plans To Be the #1 Mobile Payments Platform in Southeast Asia
Grab, the leading ride-hailing and logistics services startup in Southeast Asia, is looking to become the top mobile payments platform in the region. In order to “solidify its leadership in digital...
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How Fintech Companies Can Help Indonesian Banks
With a population of over 250 million, consistent economic growth and high mobile phone penetration, Indonesia has emerged as one of Southeast Asia’s most promising markets for fintech disruption. The...
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Indonesia’s P2P Lending Regulations poised to encourage growth of local...
In December 2016, the Financial Services Authority (OJK) issued regulations on financial technology firms (Fintech) firms that run Peer-to-Peer(P2P) lending businesses. The regulations were issued in...
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Fintech Takes Off In Indonesia
Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to close this year, according to an analysis by CB Insights. While the overall industry is gaining traction...
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Pundi X Launches First Retail Point Of Sale Solution For Cryptocurrency In...
Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of ubiquitous cashless payment environments across South East Asia, has unveiled the Pundi X POS (Point of Sale) smart device...
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NICE Provides The First Voice-Based Authentication Solution At A Domestic...
NICE claims that, with the implementation of NICE Real-Time Authentication, Permata Bank is the first domestic bank in Indonesia to introduce voice biometrics as part of its customer authentication...
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10 Fast Growing FinTechs in Indonesia
IDC Financial Insights has unveiled a list of 10 fast growing fintechs in Indonesia, part of the broader FinTech 101 list for Asia/Pacific, at the FinTech Innovation Summit 2017 held at The...
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Sunline Master International to Boost Digital Banking in Indonesia
Sunline Master International (SMI) has inaugurated its new office on 12 October 2017 following the signing of a joint venture agreement in July 2017 between Shenzhen Sunline Tech Co Ltd & PT...
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Matchmove Strengthens Fintech Play in Indonesia with MCAS and KREN
MatchMove Pay (MMP) announced today, the formalization of its partnership in an official agreement with PT Kresna Graha Investama Tbk (KREN) and PT M Cash Integrasi Tbk (MCAS) in Indonesia. KREN and...
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Ascend Money Announces 50,000 Agent Networks Across Southeast Asia
Ascend Money, a Southeast Asian fintech business under Thailand’s Ascend Group, has reached 50,000 agents—local franchises and networks such as convenience stores, pharmacies, street vendors, and...
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It’s Becoming Increasingly Difficult For Newcomers To Enter The Mobile Wallet...
Providers of digital goods and services in Indonesia had to be inventive to make their business work. Credit cards aren’t widespread in the country, with only an estimated 7 to 8 million out of a...
View ArticleBehind The Noise: Indonesia’s Real Stance on Bitcoin & Cryptocurrencies
The Central Bank of Indonesia (BI) caused a brief panic when it sent out a press release on Indonesia’s bitcoin ban earlier this month, reminding the Indonesian public to not buy and sell Bitcoin and...
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Instant Personal Loan Fintech Apps are Mushrooming in Indonesia
If you need quick money at the end of the month because you’re waiting for your paycheck, or if you urgently need to pay a medical bill, applying for a conventional loan takes too long to process. In...
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Pajak Pay Aims To Solve Indonesia’s Tax Woes, May Soon Be Available on Go-Jek
Indonesian companies aren’t very diligent when it comes to paying taxes. Instead of filling the state’s accounts, profits go unreported or are stashed in tax havens offshore. In 2016, the government...
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Top 10 Digital Trends Impacting Indonesia in 2018 and Beyond
IDC announced today its top ten technology predictions for 2018 and beyond at the IDC Indonesia FutureScape event held at Westin Hotel, Jakarta. The event highlighted the key technology predictions...
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Why is Indonesia’s Payments Landscape So Fragmented?
Indonesia is slowly moving away from its dependency on cash as startups, banks, and telcos alike are all introducing new types of card-based and mobile money. Some of them are forcing consumers into...
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How 4 Indonesian Banks are Collaborating with Fintech Startups
Fintech startups have some key advantages over banks: they can move fast and react to trends, experiment with new technologies and processes, and work on small budgets.Banks, on the other hand, know...
View ArticleGo-Jek and Bank Rakyat Indonesia Teams Up For Financial Inclusion
Banks in Indonesia are still hesitant to collaborate with fintech startups, some local startup founders say. At this stage, exchange between banks and fintech startups takes place in the realm of...
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Top Fintech Startups That Will Mature Fast in Indonesia
IDC Financial Insights unveiled a list of fintech companies in Indonesia that are expected to mature faster than others. As the number of fintech startups are at rise in Indonesia, the list of fintech...
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