Friday, December 22, 2017

Issue Number: 537

New Legal Framework on Fintech

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Overview Indonesia’s financial technology (“Fintech”)[1] sector has posted impressively rapid growth over the last few years. Indeed, Bank Indonesia (“BI”) estimates that transactions involving Fintech may reach USD 18.7 billion or IDR 249 trillion this year, which represents a 24% increase over last year's figures....
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