Indonesia

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 implemented a tax amnesty program, attempting to lure money

Read More

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 Indonesia, that’s

Read More

Behind 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 other virtual currencies. Many media

Read More

It’s Becoming Increasingly Difficult For Newcomers To Enter The Mobile Wallet Space In Indonesia

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 population of roughly 265 million

Read More

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 cafes, that conduct financial services for customers—across Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the

Read More

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 MCAS will each own 14.81% of the MMP

Read More

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 Mastersystem Infotama. This new company, operating under the name of Sunline Master

Read More

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 Ritz-Carlton Pacific Place, Jakarta. “IDC’s FinTech Fast 101”

Read More

NICE Provides The First Voice-Based Authentication Solution At A Domestic Bank In Indonesia

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 protocol. NICE Real-Time Authentication (RTA), together with its process automation solution,

Read More

Pundi X Launches First Retail Point Of Sale Solution For Cryptocurrency In Indonesia

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 to enable shops, cafes and convenience stores to

Read More