Indra Hidayatullah’s Post

Modernising your bank’s infrastructure doesn’t require a complete overhaul. With our plug-and-play digital banking solution, you can have everything up and running in just months. The audax platform offers a dual-mode evolution approach, allowing you to build a new digital core with novel products and channels while optimising the value of your existing legacy systems. ✅ Key benefits:  1) Rapid time to market (6-9 months) 2) Reduced complexity and risks 3) Ability to reuse proven components Explore our success powering Standard Chartered Indonesia's partnership with Bukalapak, implementing Banking-as-a-Service (BaaS) to launch the digital banking service BukaTabungan. Learn how we can enable the same success for you 👉  https://lnkd.in/gEPMs4WC #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

#LearnFromOurLeaders: Cahyadi Poernomo at the Digital Banking Asia Summit by Escom Events At the Digital Banking Asia Summit Indonesia 2024, our Chief Customer Management Officer, Cahyadi Poernomo, emphasized a key takeaway: Trust is the cornerstone of success in the ever-evolving financial industry. He was joined by Charles Budiman, Chief Digital Officer of PT. Maybank Indonesia Finance, Fauzi Dwi Reza Aditya, Group Head Digital Product of Bank Aladin Syariah, and Cipta Pratama, Head of Product Design of PT Bank Jago Tbk. This session definitely inspired us to continue to strengthen our customers' trust. #BisaJadiJADIBISA #Insights

With a significant portion of its adult population still underbanked and underserved, Indonesia presents immense potential for digital banks. Our latest study at Mandala Consulting delves deep into various facets of digital banking in Indonesia, covering its economic impact, regulatory environment, and the key challenges faced by digital banks in the country. Gain valuable insights from the latest data and executive perspectives in this dynamic sector. #DigitalBanking #IndonesiaFinance #BankingTech #FintechIndonesia #FinancialInclusion #DigitalTransformation #BankingRegulations #FinancialLiteracy #BankingIndustry #EmergingMarkets #BankingInsights #FinanceTrends #IndonesiaEconomy #TechInFinance #BankingStrategy #BankingSolutions #FinancialServices #DigitalEconomy #FintechInsights #BankingAnalytics

Indonesia's digital banking sector is on the brink of a transformative journey, with a substantial segment of its adult population still underbanked and underserved. Mandala Consulting comprehensive study delves into the economic impact, regulatory framework, and pivotal challenges encountered by digital banks in this dynamic market. Read this report which uses data from CEIC Data to gain valuable insights from the latest data and executive perspectives in this dynamic sector.   𝗔𝗿𝗲 𝘆𝗼𝘂 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗖𝗘𝗜𝗖’𝘀 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗮𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀? 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗱𝗲𝗺𝗼 𝗼𝗳 𝗼𝘂𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺: ➡️https://hubs.li/Q02vQcx70 #Indonesia #DigitalBanking

Explore Indonesia's dynamic digital banking sector with our latest research at Mandala Consulting. Uncover insights on economic impacts, regulatory challenges, and more as we delve into the opportunities for expanding financial inclusion.

After in-depth research and interviewing executives across all levels in banking—𝐟𝐫𝐨𝐦 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐫𝐬 𝐭𝐨 𝐂𝐄𝐎𝐬—we uncovered intriguing facts about Digital Banking in Indonesia: 1. Operationally, digital banks are still plagued by 𝐢𝐧𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐢𝐞𝐬. 2. There's suboptimal effort toward 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧. 3. High Non-Performing Loans (𝐍𝐏𝐋) in Buy-Now-Pay-Later (𝐁𝐍𝐏𝐋) schemes may be leading to a 𝐬𝐧𝐨𝐰𝐛𝐚𝐥𝐥 𝐞𝐟𝐟𝐞𝐜𝐭. Despite these challenges, the sector has experienced significant growth, and innovative solutions are still coming in. Feel free to read and share our research, especially if you're interested in understanding the basics of digital banking in Indonesia and the current issues faced in both 𝐛𝐨𝐭𝐡 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐲 aspects.

Indonesia's digital banking sector is on the brink of a transformative journey, with a substantial segment of its adult population still underbanked and underserved. Mandala Consulting comprehensive study delves into the economic impact, regulatory framework, and pivotal challenges encountered by digital banks in this dynamic market. Read this report which uses data from CEIC Data to gain valuable insights from the latest data and executive perspectives in this dynamic sector.   𝗔𝗿𝗲 𝘆𝗼𝘂 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗖𝗘𝗜𝗖’𝘀 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗮𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀? 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗱𝗲𝗺𝗼 𝗼𝗳 𝗼𝘂𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺: ➡️https://hubs.li/Q02vQcx70 #Indonesia #DigitalBanking

Allo Bank harnesses AI for strategic digital expansion Read the full article: https://bit.ly/3WXkHQQ Allo Bank, under the leadership of president director Indra Utoyo and director of digital Sajal Bhatnagar, is making significant strides in Indonesia’s digital banking landscape. Their strategy centres on strategic digital investment, customer engagement, and ecosystem collaboration to achieve sustainable growth and early profitability. A cornerstone of Allo Bank’s strategy is its focus on digital lending and robust risk management. Utoyo emphasised their disciplined approach: “Our digital lending growth has been promising, with manageable levels of risk and improving collectability.” This cautious yet progressive approach has enabled Allo Bank to expand its lending portfolio while maintaining a healthy level of non-performing loans (NPLs). Meet Indra Utoyo, Sajal Bhatnagar, Altona Widjaja, and Edisono Limin, along with decision-makers and practitioners, at Finance Indonesia on 12 September 2024. To register now and for more details, visit://https://lnkd.in/gpRDCjfc Bank Mega, CT Corp Foo Boon Ping 胡文彬, TAB Global #AlloBank #AlloGroup #BankMega #DigitalBanking #FinancialInnovation #CustomerEngagement #RiskManagement #AI #StrategicPartnerships #DigitalLending #EcosystemBanking #TechInnovation #CustomerCentric #MSME #Cybersecurity #DataDriven #IndonesiaBanking #TheAsianBanker #TABGlobal

Want to embark on digital transformation yet daunted by disruption of core operations? 😱 We are here to help. The audax platform allows you to adopt a dual-mode evolution, where we progressively construct a new digital core with novel products and channels while optimising the core value of your legacy systems. ✅ Key benefits: 1) Rapid time to market (6-9 months) 2) Reduced complexity and risks 3) Ability to reuse proven components Don’t just take our word for it – we’ve done it for Standard Chartered Indonesia with Bukalapak, implementing Banking-as-a-Service (BaaS) to launch the digital banking service, BukaTabungan. Discover how we can enable the same success for you 👉 https://lnkd.in/gsy9QbRR #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

We're proud to share an insightful interview with our very own Hengky Herrias Yusmawan, Director & Country Manager of 1datapipe Indonesia, featured in Antara! In this interview, Hengky discusses the critical role of technology in enhancing the accuracy of income estimates and character assessments for potential loan customers. He highlights the challenges banks face in serving Indonesia's underbanked population, which makes up 70% of the country’s 260 million people. Key points Hengky covers: 🔹 The importance of accurate income stability analytics for loan approvals. 🔹 Using AI and alternative data sources to provide comprehensive financial insights. 🔹The potential of telco and social media data in assessing customer behavior. 🔹 Addressing the three pillars of credit challenges: capacity, character, and collateral. Read the full interview to learn more about how innovative solutions are shaping the future of financial services in Indonesia. https://lnkd.in/geKbpaVt #financialinclusion #AI #fintech #banking #indonesia #1datapipe