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Teknologi Keuangan (Fintech) : Konsep dan Implementasinya di Indonesia
[Financial Technology (Fintech): It's Concept and Implementation in Indonesia]

Author

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  • Nizar, Muhammad Afdi

Abstract

This paper aims to examine briefly about financial technology (FinTech) in Indonesia. By using a qualitative-descriptive approach, it can be seen that FinTech development tends to increase in Indonesia, both in terms of institutional (number of companies) and in terms of the financing model. The most popular platform as a consumer financing model is peer-to-peer lending (P2PL). However, the development of FinTech also has implications and is accompanied by various potential risks.

Suggested Citation

  • Nizar, Muhammad Afdi, 2017. "Teknologi Keuangan (Fintech) : Konsep dan Implementasinya di Indonesia [Financial Technology (Fintech): It's Concept and Implementation in Indonesia]," MPRA Paper 98486, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:98486
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    File URL: https://mpra.ub.uni-muenchen.de/98486/1/MPRA_paper_98486.pdf
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    References listed on IDEAS

    as
    1. Dong He & Ross B Leckow & Vikram Haksar & Tommaso Mancini Griffoli & Nigel Jenkinson & Mikari Kashima & Tanai Khiaonarong & Celine Rochon & Hervé Tourpe, 2017. "Fintech and Financial Services; Initial Considerations," IMF Staff Discussion Notes 17/05, International Monetary Fund.
    2. de Haan,Jakob & Oosterloo,Sander & Schoenmaker,Dirk, 2015. "Financial Markets and Institutions," Cambridge Books, Cambridge University Press, number 9781107119994, February.
    3. de Haan,Jakob & Oosterloo,Sander & Schoenmaker,Dirk, 2015. "Financial Markets and Institutions," Cambridge Books, Cambridge University Press, number 9781107119994, October.
    4. Meyer Aaron & Francisco Rivadeneyra & Samantha Sohal, 2017. "Fintech: Is This Time Different? A Framework for Assessing Risks and Opportunities for Central Banks," Discussion Papers 17-10, Bank of Canada.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Fathi Rufaidah & Tuti Karyani & Eliana Wulandari & Iwan Setiawan, 2023. "A Review of the Implementation of Financial Technology (Fintech) in the Indonesian Agricultural Sector: Issues, Access, and Challenges," IJFS, MDPI, vol. 11(3), pages 1-14, September.

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    More about this item

    Keywords

    crowdfunding; fintech; peer-to-peer; operational risk; digital technology;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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