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View all search results13 financial institutions get access to government’s civil registry
Financial institutions including mobile payment service providers and peer-to-peer lending platforms have been granted access to the government’s civil registry data to expedite data verification and prevent fraud.
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hirteen financial institutions including mobile payment service providers and peer-to-peer lending platforms have been granted access to the government’s civil registry data to expedite data verification as well as to prevent fraud and accelerate financial inclusion.
The institutions signed memorandums of understanding (MoU) with the Home Ministry’s Population and Civil Registration directorate general (Dukcapil) on Thursday that affords the institutions access to civil registry data, including citizenship identification numbers (NIK) and e-ID card (e-KTP) details.
The 13 distribution channels include privately owned Bank Oke Indonesia, financial technology (fintech) peer-to-peer lending companies PT Digital Alpha Indonesia (Uang Teman) and PT Ammana Fintek Syariah, e-wallet OVO, multifinance firm PT Astrido Pasific Finance and foundation Yayasan Dompet Dhuafa Republika.
“We want to give our support, so that the tasks and the purpose of your organizations can run smoothly by fast verification through access to Dukcapil’s data,” Home Minister Tito Karnavian said during a live-streamed signing event on Thursday.
He added that, not only would the agreement allow for more efficient processes, it could also prevent possible fraud, as users of these 13 platforms would need to be verified against Dukcapil’s database before being granted loans or financing.
According to Home Affairs Ministry data, as many as 2,108 other institutions have signed the same agreement. Banks account for more than half of that figure, followed by higher education institutions.
