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Mobile Payments in Indonesia to Rise to $8.7 Billion in 2015
Thursday, December 29, 2011 19:45:36
IE Market Research Cop estimated that gross transaction value of mobile payments in Indonesia to rise to $8.7 billion in 2015. The IE report provide analysis on mobile payment transactions by technology (such as NFC, SMS, WAP, USSD); and mobile payment transactions by type of purchase (such as merchandise, digital products, ticketing, mobile money transfers, bill payments, and pre-paid top-ups). (701 clicks)
| Dhasatra Expands Xpress Money Network in Indonesia
Saturday, October 29, 2011 13:42:37
Xpress Money, a UK based instant money transfer services, has entered into an agreement with Dhasastra Indonesian Remittances (PT Dhasatra Mas Perkasa) to expands its services ind Indonesia. Dhasatra will add a further 4000 locations to the existing 8000 Xpress Money locations in Indonesia through PT POS Indonesia. (155 clicks)
| BPS Selects Kofax as Its Enterprise Capture Solution
Tuesday, September 20, 2011 19:52:15
Kofax Plc, a leading provider of capture driven process automation solutions, announced that Badan Pusat Statistik (BPS) has selected a Kofax enterprise capture solution to scan and process approximately 700 million documents used for statistical data collection from over 460 cities each year in the world’s fourth most populous country. The value of the contract to Kofax exceeds $1.9 million. (277 clicks)
| Citi, OPIC Provides $20 Million Loan for Danamon Simpan Pinjam
Wednesday, August 03, 2011 17:40:10
Citi Indonesia, the Overseas Private Investment Corporation (OPIC) and Bank Danamon announced the closing of a USD 20 Million term loan to fund the growth of Bank Danamon’s Microfinance program, Danamon Simpan Pinjam (DSP), and to promote the financial inclusion of microentrepreneurs and small businesses in Indonesia. This loan will be the first from Citi and OPIC for the microfinance sector in Indonesia. (179 clicks)
| Bermuda Signs Tax Information Exchange Agreement with Indonesia
Friday, June 24, 2011 19:01:46
Bermuda has signed a Tax Information Agreement, TIEA, with the Republic of Indonesia. The signing took place at a ceremony in London on Wednesday, June 22, and was attended by Bermuda’s Premier, the Hon. Paula A. Cox, JP, MP, and H.E. Yuri Octavian Thamrin, Ambassador of the Republic of Indonesia, who signed the agreement for Indonesia.
(276 clicks)
| Commonwealth Bank Indonesia Launches mBanking on Tagit’s Mobility Platform
Friday, June 17, 2011 22:35:43
Commonwealth Bank Indonesia announce the launch of a mobile banking application with breakthrough technological, investment and security features. Customers will also benefit from the largest mobile banking transaction limit of IDR200million/day. The application built on Tagit state-of-the art Mobility Middleware Platform. (533 clicks)
| Permata Bank to Roll Out Mini-ATM Nation Wide
Tuesday, December 08, 2009 15:16:51
Permata Bank has selected and will deploy Hypercom’s Optimum T4200 payment terminals as part of the bank’s nationwide Mini-ATM rollout. The first phase of the multicity rollout is expected to begin next month. The initial rollout will consist of more than 500 co-branded terminals ordered and supported by Hypercom value-added reseller PT Multi Adiprakarsa Manunggal (Kartuku). (589 clicks)
| BCA Partnered with Wincor Nixdorf to Rejuvenate Its Branch Network.
Wednesday, June 17, 2009 11:35:00
Bank Central Asia (BCA), one of Indonesia's largest banks, has partnered with Wincor Nixdorf to rejuvenate its branch network. The goal of the new open-concept branch is to create an environment that offers faster and more efficient services, while fostering comfort and discretion for visitors. (1099 clicks)
| Bank Mandiri Receives World Finance 2009 Banking Awards
Wednesday, June 17, 2009 10:54:44
World Finance magazine annouce its winner for 'World Finance 2009 Banking Awards'. From Indonesia, the winner is Bank Mandiri, awarded as bestThe magazine awards 'Best Banking Group'. The award provided as a proof of the bank's innovation, originality and quality of product, as well as proof of market development and excellence in client representation. (1315 clicks)
| AirCash, Mobile Way to Send Money From Malaysia To Indonesia
Tuesday, June 16, 2009 16:06:52
Celcom, a leading mobile communications provider in Malaysia, will launches AirCash, a mobile service that enables almost 9 million cellphone subscribers to transfer money to other users, remit money to foreign countries, dan topup mobile airtime. For Indonesian, this SML-like service enable them to remit money from Malaysia to Indonesia. (1318 clicks)
| Unitus Partners with MBK Ventura to Expand Access to Microfinance in Indonesia
Tuesday, January 23, 2007 17:11:29
Unitus, Inc, a nonprofit organization dedicated to reducing global poverty by increasing access to microfinance, today announced its partnership with MBK Ventura (formerly known as Ganesha), a microfinance institution in Indonesia. By providing financial support and expert consulting, Unitus will play a key role in accelerating MBK's growth. Within two years, MBK Ventura aims to increase its capacity tenfold in order to provide more than 240,000 Indonesian microentrepreneurs and their families with life-changing loans and other important financial services. (149 clicks)
| Indonesia's New Board to Protect Insurance Policy Holders
Monday, September 25, 2006 18:27:20
Chief of Bapepam (Capital Market Supervisory Board) Fuad Rachmany said the Indonesian Insurance Mediation Board (BMAI) will make it easier for insurance policy holders to get their premium, notably when there is a dispute conceerning claims.
(1371 clicks)
| Adira Finance Advance its Enterprise-Wide Performance Management Initiative with Actuate’s perform
Thursday, March 23, 2006 19:45:28
The largest automotive financing company in Indonesia will implement pbviews to automate the delivery of crucial Performance Management information to provide a single, consistent view of performance across the organization. Adira Finance will use performancesoft pbviews to align its five critical business strategies of: managing High Yield Portfolios, Prudent Risk Management, Maintaining Good Relationships with Customers and Business Partners, Expanding its Network Channels, and Continuous Human Capital and Organizational Development. (649 clicks)
| Juniper Networks's Firewall/VPN Protects Tabung Haji
Monday, February 13, 2006 12:22:23
Juniper Networks, Inc. announced that Lembaga Tabung Haji, a Malaysian government-linked financial organization, has deployed the ISG 2000 firewall and virtual private network (VPN) systems to protect its infrastructure against malicious threats and network attacks. (1653 clicks)
| GARP Launches Indonesian Bankers Risk Certification Program
Monday, December 12, 2005 12:04:07
The Global Association of Risk Professionals (GARP) today announced the successful implementation of the initial phase of a Risk Certification program for Indonesian commercial banks. The program was developed in conjunction with the Badan Sertifikasi Manajement Risko (BSMR), Indonesia's Risk Management Certification body and Bank Indonesia (BI) the Central Bank. (1059 clicks)
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