Indonesia

Credit Risk

OJK Indonesia Adds New Entity Types to Credit Score Database

By Nithya Subramanian | 13/08/2024

The OJK said debtor-related information will become more comprehensive with the inclusion of insurers, guarantee companies and P2P lenders.

Cryptocurrency

Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development

By Nithya Subramanian | 12/08/2024

The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.

Fraud, Scams & Cybercrime

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.

CBDCs

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.

Payments & Settlements

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.

Reporting & Disclosures

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.

Payments & Settlements

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.

Trading & Investment

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.

Cloud & Infrastructure

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.