An Overview of Financial Technology in Indonesia

Author:

Anshari Muhammad1ORCID,Almunawar Mohammad Nabil1ORCID,Masri Masairol1

Affiliation:

1. Universiti Brunei Darussalam, Brunei

Abstract

Financial technology (FinTech) has been developing at a tremendous rate all around the globe. This chapter will show how banking and financial system has evolved by financial technology which affected the way of how society is living now. There is a rapid change of FinTech for the past few years in Indonesia. These changes have made an impact to the people in Indonesia. As for the exploration to the rise of FinTech in Indonesia, it is important to understand the development and challenges of FinTech in Indonesia by looking changing Indonesian people's behavior in terms of FinTech's adoption include payment channel system, digital banking, peer-to-peer (P2P) lending, and crowdfunding.

Publisher

IGI Global

Reference13 articles.

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2. Bloomberg. (2019). Why Asia is leading the fintech revolution. Retrieved from https://www.bloomberg.com/professional/blog/asia-leading-fintech-revolution/

3. Cekindo. (2018). Everything you need to know about fintech in Indonesia. Retrieved from https://www.cekindo.com/fintech-indonesia.html

4. Fintechnews. (2018). Fintech Indonesia Report 2018 – The State of Play for Fintech Indonesia. Retrieved from http://fintechnews.sg/20712/indonesia/fintech-indonesia-report-2018/

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