Indonesia

Issuance in core markets, which include the two countries, fell 14.4% in Q3.

Now, OCTO Mobile by CIMB Niaga serves 2.7 million users and sees a 130.5% increase in financial transactions on an annual basis.

Financial institutions were attacked triple the average global every week.

Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.

Lim is currently the COO of DBS’ Institutional Banking Group.

The loan will be used to increase financial inclusion and literacy.

The loans feature flexible repayment options.

The gig economy-focused digital bank now has over 700,000 users.

The card offers 10% cash back for online transactions through OCTO Mobile.

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia.

Rusli has worked for international institutions, including Goldman Sachs and Accenture.

The machines will transmit real-time data to the company.

Borrowers can access up to US$1,700 in loans.

This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.

Indonesia has an annual infrastructure financing gap of around US$51b.

BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes