Indonesia

AML / KYC

Indonesia to ‘Soft Launch’ Anti-Scam Centre This Month

By Manesh Samtani | 07/08/2024

In the initial stage, 15 banks will join the anti-scam centre directly, but in due course all banks in Indonesia will be required to participate.

Fintech / Regtech

Bank Indonesia Issues Five-Year Payment System Blueprint

By Editors | 06/08/2024

Bank Indonesia Governor Perry Wariyo said the plan to issue digital rupiah has entered the final stages.

Market Infrastructure

Indonesia, UAE Central Banks Enhance Payments Cooperation

By Sanday Chongo Kabange | 22/07/2024

BI and CBUAE will create a cross-border QR payment linkage that will use direct local currency exchange rate quotations from appointed dealer banks.

Market Infrastructure

ASEAN Exchanges to Pursue Four POCs to Improve Competitiveness

By Nithya Subramanian | 17/07/2024

The POCs focus on developing common data infrastructure, enhancing capacity building, and creating a marketplace for transition financing and ESG investment.

Fintech / Regtech

Korea, Indonesia Sign Cross-border Payments MoU

By Editors | 16/07/2024

The MOU will support the implementation of cheaper, faster, more inclusive, and more transparent cross-border payments between the two countries.

Fintech / Regtech

Indonesia Stock Exchange to Upgrade Trading Platform

By Editors | 18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.

Fintech / Regtech

OJK Launches Integrated Licensing System for Fintech Sector

By Editors | 17/06/2024

The “SPRINT” application was developed to streamline and integrate licensing processes for the financial technology sector.

Capital / Liquidity

Bank Indonesia Expands Incentives for Priority Sector Lending

By Editors | 03/06/2024

BI is providing larger discounts on reserve requirements to lenders that provide credit to certain sectors such as housing and green finance.

Capital / Liquidity

OJK Indonesia Launches Roadmap to Strengthen Rural Banks

By Editors | 21/05/2024

The main focus will be on strengthening capital, accelerating consolidation, and strengthening governance practices, OJK said.