Financial Services

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How do regional and global trends in the financial technology (fintech) space impact the market?

 

Once reserved for ambitious start-ups and industry-leading operators, financial technology (fintech) has caught the attention of private sector firms and government planners alike, becoming a regular feature in budget speeches and development plans. As fintech plays a larger part in the lives of consumers, investors have come to recognise its...

 

How can fintech enhance financial inclusion across the archipelago in the short and medium term?

 

Peer-to-peer (P2P) lending in Indonesia recorded triple-digit growth in 2018 as a large unbanked population embraced sub-prime micro-lending services to meet a credit shortfall estimated at $75bn. P2P loans offer significantly higher returns to private investors, while government data shows that defaults are rare, leaving the segment well...

 

What is needed to subdue economic headwinds?

 

Twenty years on from a severe financial crisis that still shapes the industry, the banking sector in Indonesia is crowded but rich in opportunity. A diverse array of banks and non-bank financial institutions (NBFIs) vie for existing customers and work to attract new ones, in what still remains a lightly penetrated market. With the world’s...

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