WFIS grabbed major headlines in Indonesia after a splendid fintech show
Jakarta, 6th November 2023: With a turnout that literally had the entire financial services industry under its grasp, the World Financial Innovation Series (WFIS) got off to a massive start at The Ritz-carlton Jakarta, Pacific Place on 24 October 2023. The platform was inaugurated by none other than Indonesia’s very own regulatory body for FSI, Otoritas Jasa Keuangan (OJK) which was represented by Asep Iskandar (Department Head of the Financial Sector Technology Innovation, Digital Assets and Crypto Assets Regulation and Licensing – OJK). He addressed the entire congregation with a speech and got the stage into action with a loud gong strike that echoed through the entire venue.
The Business & Services Director from Credit Bureau Indonesia (CBI), Anton K Adiwibowo, who was also a key speaker for the event, expressed his delight for the platform,
“This is a very good event, we can meet all the industry leaders in the country, we can share ideas, we can share our latest updates with the industry leaders as well. I would say that you should make these kinds of events more.”
Through the course of 2-days, the attendees got numerous opportunities to engage with potential vendors who could address their challenges and consequently their crucial areas for investment. The stellar line-up of vendors included IBM, Newgen, 8×8, Ab Initio Software, Credit Bureau Indonesia, Perfios Software Solution, Provenir, iProov, BUSINESSNEXT, OpenText™ AI Cloud, Effiya Technologies, Infosys Finacle, OutSystems, Perkasa, FEITIAN Technologies Co., Ltd., IntellectAI, Reward360, PowerCred, Veefin Solutions, AI Rudder, Temenos, Systems Limited, Eranyacloud, Synnex Metrodata Indonesia, Trejhara and Sumsub.
Highlighting his experience, the Country Head from Ab Initio, Oded Ravid commented,
“So you know, we have participated in many events like this, I think it is very well organized, very interesting to see the innovation and drive that is coming from the local companies and that’s very interesting for me. I think there is a great opportunity for the world to learn from Indonesia and for Indonesia to learn from more matured markets.”
On the other side, through the interactive panel discussions and thought-provoking keynote presentations, the delegates gained the latest insights from coveted FSI & Technology executives and cultivated a deeper understanding of evolving fintech dynamics and trends.
The agenda covered a wide range of next-gen topics and powered a great knowledge-sharing and learning experience. Some of the topics included – ‘Enhancing Digital Trust in Indonesia’s Financial Ecosystem’, ‘Digital and AI-Driven Innovations and Disruptions in Banking’, ‘Empowering FSI with Cloud’, ‘Reg-Tech Solutions for Streamlined Compliance and Stringent Timelines’, ‘Unlock the Power of Hyperautomation’, ‘Elevating CX and Security in Digital Banking’ and many more.
To top it all, the industry leaders forged meaningful connections with fintech experts while engaging in productive discussions and fruitful collaborations.
The organizer and CEO of Tradepass, Sudhir Ranjan Jena while expressing his delight with the opening day said,
“We’re really happy with the way things have panned out so far as such an involvement from the industry is always quite overwhelming. While you would have experienced an explicit show of the best from the financial services sector, just know that next year that is 2024 is going to be way more exciting as World Financial Innovation Series will return with a bigger and more glamorous platform. See you again next year.”
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