Activities to update business processes, business models and financial instruments that provide new added value in the financial services sector by involving the digital ecosystem. With the following types of innovations:
Aggregator is a website or application that helps customers to get information about financial products and services by gathering information, filtering and comparing products and services between Financial Services Institutions (FSI) digitally. Consumers can use aggregator services to find out information about LJK products such as mortgages, credit cards, types of savings, insurance products, other financing products.
Blockchain-based is a platform that uses a blockchain system as a core system to help bring together companies/projects that need funds with investors without having a flow of funds on the platform.
Alternative Credit Scoring is an institution or entity that processes data other than credit data or its derivatives using certain algorithms through information technology to produce values or letters that show the feasibility assessment of someone receiving services in the financial services field.
E-KYC is a platform that helps provide identification and verification services performed to prospective customers/customers using population data sourced from Population and Civil Registration.
Financial Planner is a platform that helps individuals in planning finances, provides advice related to the choice of investment products offered by Financial Services Institutions (FSI) registered and/or licensed and monitored by the OJK according to the risk profile of each individual to achieve a particular goal.
Financing Agent is a Digital Financial Innovation based on websites or applications that help Financial Services Institutions (FSI) to channel financing to prospective customers and customers of the FSI.
Funding Agents are Digital Financial Innovation based on websites or applications that help Financial Services Institutions (FSI) as a marketing platform to get funding customers.
Insurance Broker Marketplace is a joint platform that is closed and intended for the community of insurance-licensed business entities (insurance brokers, insurance companies, reinsurance brokers, and reinsurance companies).
Insurance Hub is an infrastructure organizer in the field of insurance, which can help the distribution and submission of insurance claims.
InsurTech is a platform that collaborates with brokers and/or insurance companies to provide information services, purchase insurance products, and insurance claim submission services by customers/public online and speed up the claim process.
Online Distress Solution (ODS) is a platform that provides customer service for borrowing funds that have difficulty paying off their debts with creditor.
Property Investment Management (PIM) is a fundraising platform from the public online in the form of a scheme for managing the right to a property without creating derivatives to be traded in the secondary market.
RegTech – PEP is a service provider platform that is able to detect High Risk Customer (Anti Money Laundering) by checking the background (political exposed person) of each customer.
Tax & Accounting is a Digital Financial Innovation platform that helps individual and company consumers by providing financial statement preparation services in accordance with accounting standards or online tax reporting in accordance with taxation provisions.
Transaction Authentication is a platform that helps provide identification and verification services to customers using data other than Population and Civil Registration.
Wealth Tech is a platform that integrates various financial and supporting product services provided by a Conglomerate Group Company and Business Partners in one mobile application to facilitate and assist users in accessing and managing their Finances, Including Banks, Financing, Insurance, Investment/Funding.
Online Gold Depository (OGD) is a platform that is owned by a private pace company that offers digital gold care services that can be accessed anywhere and anytime.
Project Financing is a platform that raises funds online from investors to finance/fund a particular project by obtaining rewards in the form of profits from the project for returning investment and/or return on the specified time interval.
Social Network: A social media platform that allows users to get and share information about stock markets both technically and fundamentally. Robo Advisor: A platform that can do a digital assessment risk profile using Modern Portfolio Theory.