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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.
The rapid development of financial technology (fintech) is vital to propel future economic growth, but it requires a prudent regulatory approach to avoid a boom and bust, according to PricewaterhouseCoopers (PwC) Indonesia.
Three years ago our team visited a community in Bogor, West Java, and had a dialogue with locals. At that time, we were preparing a prompt business model to increase financial access for people. We sought information on how the locals manage their finances and why they were not very interested in banks.
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