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Investment Alert Task Force says only 127 fintech peer-to-peer lending services nationwide are registered under the Financial Service Authority (OJK).
The Financial Services Authority (OJK) reported 1,773 illegal fintech companies offering peer-to-peer lending services to the Police.
A bank observer Doddy Ariefianto reiterated reasons why fintech firms cannot replace the role of banks as a major financial institution.
Fintech players are determined to meet the deadline of QRIS nation-wide implementation on the first January 2020 set by Bank Indonesia.
The Financial Services Authority's (OJK) until early October discovered 133 fintech companies conducting illegal lending services.
On Monday, Oct. 14, the govt. has officially operated Palapa Ring following the completion of the project construction in the country's eastern part.
OJK official Hendrikus Passagi said that as a supervisor and regulator of registered fintech, his agency has no right to draft a regulation.
Minister Rudiantara earlier announces that OVO has held the unicorn status as the firm's valuation has exceeded more than US$1 billion.
The growth of debit card transactions in August 2019 reportedly declines allegedly due to the trend of digital payment services.
The Financial Services Authority (OJK) said that women experience more problems with illegal financial technology (fintech) lenders.
Finance Minister Sri Mulyani Indrawati affirms that her ministry will issue fair regulations on taxation for the fintech industry.
Coordinating Minister Darmin Nasution has asked financial technology or fintech companies to not overlook their users' security.
Indonesian Fintech Association (AFTECH) will hold the 2019 Indonesia Fintech Summit & Expo (IFSE) on September 23 and 24, 2019 at the JCC.
The Finance Ministry issues another savings retail bond (SBR) series.
Coordinating Minister Darmin Nasution reminded the government to anticipate various challenges that will likely emerge from the fintech development.
The Communication and Information Technology Ministry blocks the illegal fintechs after an assessment from the Investment Alert Task Force.
OJK Chief Commissioner Wimboh Santoso compared the emergence of financial technology (fintech) or peer-to-peer lending with the loan shark practices.
Tokopedia gave its official response following news of an alleged data collecting by financial technology (fintech) companies.
A Facebook user named Niko Perkasa claimed he could access user's data of Grab, Gojek, and Tokopedia by encrypting a fintech lending app.
OJK condemns a fintech lender for posting a photo of its debtor online with captions saying she was willing to have sex for money to pay her debt.