FINTECH AND BANK COLLABORATIN IN INDONESIA :OPPORTUNITIES OR CHALLENGES Andi Rosa Moh Ramdhan 1 Puspodewi Dirgantari 2 Ratih Hurriyati 3
UPI
Abstract
Abstract
Innovations in the field of financial services carried out by Fintech companies have changed many peoples habits in financial transactions, fintech business acceleration especially in the field of payment and lending peer to peer has helped the public especially those who have not been touched by bank services in obtaining financial services. In addition, fintech also has a role to assist the government in increasing financial inclusion. The purpose of this study is to determine the opportunities or challenges to be faced as a result of collaboration between fintech and banks in Indonesia considering the increasing number of Indonesian people who use fintech services. The method used is descriptive qualitative approach to the study of literature to track event data, which is then used by the author to collect data including sources from previous research. The results and conclusions of this study are that collaboration between fintech and banking is needed to help people who are still unbankable and expand the reach of financial services to remote areas and encourage increased financial inclusion in Indonesia.
Keywords: Collaboration, Fintech, Bank, Opportunities, Challenges
