Posts by smart

Fintech Sharia Increase Rapidly As Market Demand

Fintech-Sharia-Increase-Rapidly-As-Market-Demand

Until february 2018 the amount of money that could be distributed by sharia commercial banks and sharia business units have reached about Rp 282.1 trillion. However according to the Financial Services Authority (OJK), the amount have gone down 1.3% compared to last year that was able to reach Rp 285.7 trillion.   While financial technology…

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OJK Will Immediately Announce Fintech’s Legal Protection

OJK-Will-Immediately-Announce-Fintech’s-Legal-Protection

The Financial Services Authority (OJK) will immediatelly launch a new regulation called the Digital Financial Innovation (IKD). The regulation will be officially released on August 2018. This regulation is a legal protection that will arrange Indonesian company which have core business in financial technology (fintech) industry.     Head of Digital Finance Innovation and Micro…

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Jamkrindo Targets To Cooperate With Fintech Companies

Jamkrindo-Targets-To-Cooperate-With-Fintech-Companies

Indonesian Credit Guarantee State Owned Companies (Jamkrindo) will increase the cooperation with financial technology (fintech) company.It is to expand its business Jamkrindo business. “For this year, maximum we are targeting to work with two to three fintech, but the possibility is only two (companies) so that in the end of the year we already work…

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Kemkominfo Facilitated The Meeting of “Startup” and Foreign Investors

Kemkominfo Facilitated The Meeting of "Startup" and Foreign Investors

The Ministry of Communication and Information Technology (Kemkominfo) recently facilitated 70 country’s local companies (startup) to meet with the local Indonesian company and foreign investors in Nusa Dua, Bali to share knowledge in business development to be more developed and growth.     “With the meeting of Next Indonesia Unicorn (Nexticorn) International Summit will attract…

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BI Completes The Regulations of Monetary Operation

BI-Completes-The-Regulations-of-Monetary-Operation

In order to strengthen the effectiveness of monetary policy transmission, Bank Indonesia (BI) issues provisions for the completion of monetary operation through PBI No. 20/5/PBI/2018. Director Management of Monetary Department of BI, Rahmatullah, said that there are three substances of the completion of monetary operation provisions. The first is the merger of monetary operation provisions…

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