Indonesia’s fintech and e-wallet sectors are pivotal in promoting financial inclusion and enabling convenient digital transactions. However, these industries face sharply rising AI-powered cyber threats that have doubled in intensity since 2024. Attackers leverage AI to automate layered assaults, deploy…
OJK Tightens Oversight, 30 Fintech Peer-to-Peer Lending Firms Sanctioned to Combat Rising Fraud
The Financial Services Authority (OJK) has taken firm action by imposing administrative sanctions on 30 peer-to-peer (P2P) lending fintechs found violating regulations. This intensified supervision aims to improve corporate governance and curb the increasing fraud in the online lending industry….
OJK Agrees to Merge 16 State-Owned Insurance Companies into 3 Entities
The Financial Services Authority (OJK) recently acknowledged the plan by the State Investment Management Agency (BPI) Daya Anagata Nusantara, or Danantara, to consolidate 16 state-owned insurance companies into 3 large entities. This nationwide merger is not only a business consolidation…
Pros and Cons of Payment ID: Convenient for Transactions, But Is Your Data Safe?
Payment ID offers tremendous convenience in digital transactions — fast, practical, and simplifying payment records. However, behind this ease lie risks that cannot be ignored: data breaches, potential fraud, and digital identity misuse. This article explores the advantages and disadvantages…
Entering Indonesia Now Requires Filling Out the All Indonesia App
Starting September 1, 2025, every individual entering Indonesia is required to submit their data through the All Indonesia app. This new regulation aims to simplify administrative processes, strengthen travel data security, and speed up services at the country’s entry points….
Secure E-Commerce Is Not Just About Gateways — It’s Also Identity, Legality, and Trust
Exploring the Importance of Integrated Digital Validation, Legal Electronic Certification, and Identity Protection for Stable E-Commerce Businesses in the Digital Era Many e-commerce players have long believed that security concerns end once a payment gateway is installed. Transactions flow smoothly,…
OJK Takes Firm Action Against Fraud in the Financial Sector: Here Is the Complete Strategy!
Unveiling the Comprehensive Steps of the Financial Services Authority to Combat Fraud in the Financial Sector Fraud threats in the financial services sector are becoming increasingly complex—from data theft, identity manipulation to misuse of digital services. Recognizing these growing risks,…
Bank Indonesia Trials Payment ID for Social Assistance 17 August 2025 — A Strategic Step Toward Targeted Aid Distribution
Introducing Unique Identification Systems ( Payment ID ) and Digital Verification Technologies to Enhance Accountability and Efficiency in Indonesia’s Social Assistance Distribution Social assistance distribution (bansos) in Indonesia has long faced classic challenges: duplicate data, fictitious recipients, and misdirected aid….
Proof of Provenance: The Smart Way to Verify Authenticity of Digital Assets & Luxury Goods
Proof of Provenance: The Solution for Authenticity Verification in the Digital Age Have you ever hesitated when buying an NFT, a trending digital painting, or even secondhand branded items at a high price? Although claimed authentic, proof of authenticity is…
Digital Verification System Begins Implementation: A Firm Step to Prevent Illegal Products Entering the Market
Government Takes Decisive Action Against Illegal Products Flooding the Market The proliferation of illegal products continues to cause significant harm to both consumers and legitimate businesses in Indonesia. These products often fail to meet quality and safety standards, posing potential…