Category: Finance

Welcoming the Rising Star of BNPL Model: B2B BNPL The BNPL model that we know today, B2C BNPL, is a system that is common to many people. Now, BNPL players are starting to try to enter a new market, direct to business model. The Covid-19 pandemic accelerated a shift towards online shopping in e-commerce as…

Banking Made Easy! These are the Top 3 Digital Banks in Indonesia With the ever-changing technological advancements, the possibilities in the finance and banking world are limitless. Current technology has enabled consumers to be able to complete any financial transaction with a few clicks on a screen. Throughout the Asia-Pacific region, consumer use of digital…

Despite the completion of the transition to OJK’s SLIK (Financial Information Service System) a while ago, the term BI Checking continues to be widely employed by various stakeholders. Ever wonder what prompted this shift in the system and what impacts has it had on borrowers and lenders in Indonesia? Understanding BI Checking and SLIK OJK…

On Oct 23, 2023, the Financial Services Authority of Indonesia (OJK) sent shockwaves through the fintech sector by freezing Akulaku’s PayLater services.  While opinions vary on the potential fallout for Indonesian consumers, there’s a consensus that regulatory intervention is crucial, especially for the stability and security of the nation’s financial landscape. This article unravels the…