, Indonesia

Mandiri seeks to benefit Indonesians through payment system

Best service to 110 million Indonesians.

This is how Bank Mandiri president director Zulkifli Zaini describes what its arrangement with Jamsostek will do.

Bank Mandiri agreed to exchange services with labor insurance firm Jamsostek, who will integrate its payment system with Bank Mandiri under the deal. All companies using Jamsostek’s services will be given access to Bank Mandiri’s National Pooling Facility, which collects premium payments under one system that can be monitored in real time by companies.

“If we can utilize this facility, hopefully we can give the best service to 110 million Indonesian workers who frequently face difficulties with the traditional banking system,” he said.

The deal also stipulates that Jamsostek can use Bank Mandiri’s cash management and custodian services.

“Bank Mandiri has a wide cooperation with Jamsostek. We are not only a depositor with Bank Mandiri, but also bondholder, shareholder and investor in [subsidiaries] Mandiri Manajemen Investasi and Mandiri Sekuritas,” Jamsostek president director Elvyn G. Massasya said.

As of October, Bank Mandiri’s custodian services currently manages US$18.91 billion in assets from 650 companies.

For more

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.