Expand Access to Digital Funding at Bank DKI in Collaboration with Digiasia
Jakarta, May 11 2023Jakarta - Bank DKI continues to expand access to digital funding. Most recently, Bank DKI collaborated with Digiasia Bios (Digiasia), an Embedded Fintech-as-a-Service (EfaaS) company, with a cooperation scheme in providing credit financing for the supply chain (supply chain financing). Bank DKI acts as an institutional lender, while affiliate Digiasia acts as a peer to peer lending platform, as well as utilization of other products and services. The collaboration ceremony was marked by the signing of a Memorandum of Understanding carried out by the Director of Technology & Operations of Bank DKI, Amirul Wicaksono and Co-Founder of Digiasia Bios, Alexander Rusli in Jakarta on Thursday (11/05/2023).
Director of Technology & Operations at Bank DKI, Amirul Wicaksono, expressed his appreciation for the collaboration that has been established. "Bank DKI's step in establishing a partnership with Digiasia was built with optimism to provide added value to products and services as well as being a solution to the needs of customers of both parties." concluded Amirul.
Separately in a written statement, the Main Director of Bank DKI, Fidri Arnaldy, said that the collaboration with Digiasia provides an opportunity for Bank DKI to actively participate in the growth of ecosystem-based business to business (B2B) credit. "So far there has been an anomalous perception of the relationship between banks and fintech which seems contradictory, even though the synergy that exists between Bank DKI and Digiasia is actually believed to strengthen the business fields of each entity and build a healthier and more inclusive macro financial ecosystem." Fidri said.
Fidri further added that Bank DKI is always open to various opportunities to synergize with various entities as an effort to expand public financial access, increase the competitiveness of products and services, and increase Bank DKI's contribution not only within the scope of DKI Jakarta but also on a national scale in the aim of achieving the Golden Indonesia Vision 2045.
In line with that, Digiasia Bios Co-Founder, Alexander Rusli expressed his respect and enthusiasm for being trusted to form a strategic partnership with Bank DKI. "We really believe that this collaboration will have a positive impact and benefits for both parties. We understand that every business and level of society has different needs. Through the fintech products and services we provide, we are here to help and support the financial transformation of our partner companies and customers." Alex said.
For your information, Digiasi is the first Embedded Fintech-as-a-Service (EfaaS) company in Indonesia which has four superior products and services, namely KasPro (digital payment), KreditPro (P2P lending), Remit Pro (remittance/money transfer) and DigiBos (digital financial services/LKD). All products and services operated have permits, licenses and are fully certified by Bank Indonesia (BI), Financial Services Authority (OJK), including ISO27001 certification, QRC Solution, PCI DSS certification, Financial Transaction Reports and Analysis Center (PPATK), Indonesian Money Transfer Organizers Association (APPUI), and Indonesian Joint Funding Fintech Association (AFPI).
Bank DKI Corporate Secretary, Arie Rinaldi added, "This synergy is an excellent opportunity to utilize products and services for each party as well as expand banking access to the business community that needs financial support." added Arie.
Actively Synergize to Expand Digital Services
Under the leadership of the Main Director of Bank DKI, Fidri Arnaldy, Bank DKI continues to strive to provide capable digital services through various synergies, including the development of cross-border collaboration services for overseas payments, the use of cloud computing technology to strengthen digital banking services and ecosystems. Finally, Bank DKI successfully collaborated with Bank BCA and the PRIMA network to utilize cardless cash deposit and withdrawal services on the BCA ATM network, Bank BNI ATMs and CIMB Niaga with the PRIMA network logo spread throughout the archipelago.
In closing, Arie said that in line with the implementation of the transformation carried out by the Company, Bank DKI also continues to provide innovative digital banking services through the development of various digital applications, such as the JakOne Mobile super apps, the JakOne Pay simple apps, as well as JakOne Abank and other services such as the Cash Management System, as well as online credit and financing applications via the KMG e-form and the development of digital lending applications. In terms of non-cash transaction services using cards, Bank DKI continues to expand the acceptance of JakCard which functions as an electronic money card in various modes of transportation in DKI Jakarta, entrance tickets to a number of museums, as well as transactions at various merchants collaborating with Bank DKI.