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View all search resultsEstablished banks have pledged to maintain strong digital security systems and encouraged consumers to take precautions against cyberthreats, but the passage of the stalled bill is deemed crucial, as personal information is increasingly shared in the industry.
Indonesia’s big four banks are increasing their efforts to phase out magnetic strip debit cards and replace them with chip-based cards to comply with Bank Indonesia’s (BI) directive to improve the nation’s digital security.
Bank Central Asia (BCA), Indonesia’s largest privately owned bank, has seen its net profit dip for the first time in at least 16 years as the COVID-19 pandemic affected loan demand and credit repayments.
The government has secured 426.8 million doses of COVID-19 vaccines, mostly from Beijing-based biopharmaceutical company Sinovac Biotech and American vaccine manufacturer Novavax, in an effort to end the pandemic and get the economy moving.
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