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Tag: Indonesia

PaymentIntelligence – Innovation & Info-security

Is it about swapping the technology-by-technology or swapping people who were previously dealing with technology and business to bring innovation with security. Logging with Application passwords, logging with some

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FinTech & Indonesia

Financial Services Authority of Indonesia (Otoritas Jasa Keuangan or OJK) a government agency, which regulates and supervises the financial services sector, has finally issued a regulation on financial technology (Fintech) firms that run peer-to-peer (P2P) lending businesses in Indonesia. On the other hand Bitcoin penetrates deeper into Indonesian market, exciting times. In August 2016 in Tangerang, Indonesia OJK was preparing for regulations to support financial technology businesses. Financial regulators

CashLess –OR– LessCash

CashLess –OR– LessCash – Journey from cash-only transactions to less cash and afterwards if possible moving to cashless or digital money society. This journey looks very simple in textbooks or written on blogs or papers but ground reality can be very different. Along with this trip, people suffer […]

What is FinTech and where does it Live?

Abstract – A few years back, I had a fascinating discussion about Fintech. Today every 3rd if not 4th profile on LinkedIn is about FinTech Expert. Few days ago someone asked me a million dollar question “What is FinTech?” I was intrigued with such a small, simple question but found it difficult to answer this to a person who is not from those 4 people from linkedin. My simple briefing note to answer this question was, “Fintech is a technical tool to support financial services”, making it simple for everyone on this planet earth along with promoting idea of “Financial Services as a basic right for every human being”. Financial technology, also known as fintech, is an economic industry composed of companies that use technology to make financial services more efficient. Why it is so inherently difficult to define the concept of Fintech, is because definitions change over time. Alternatively, traditional banking organizations are hindered by legacy operating systems, capacity to innovate, agility and technology expertise.

I Wish It’s my 21st Birthday

21st Birthday – This blog post is inspired and written on a very popular theme from the Internet, “I wish I were of “x” age”. Sadly this time I am writing to my 40-years self not 21 years old young boy. I have completed 40 years on this […]