WFIS Paces to Unveil Indonesia's Most Advanced FSI Show
With Indonesia darting to incorporate the latest technology
innovations in FSI, the country's fintech is expected to generate
$8.6 billion revenue by 2025. The move is further getting bolstered
by Otoritas Jasa Keuangan (OJK) that is bringing favorable
regulatory changes and has even launched "Master Plan for the
Indonesian Financial Services Sector (MPSJKI) 2021-2025".
To support Indonesia in powering an inclusive Financial Services
& Insurance industry, Tradepass is hosting the 11th edition
World Financial Innovation Series (WFIS) at Hotel Mulia Senayan in
Jakarta, Indonesia on 4 - 5 October 2022.
The event so far has drawn an array of the most spectacular
technology providers to showcase their cutting-edge solutions from
their exclusive exhibition booth on the event days. The list
includes TigerGraph, Newgen, ExtraHop, Resulticks, SEON, Incode,
Backbase, PT NEC Indonesia, Solace, Hazelcast, Perfios Software
Solution, Freshworks, Weefer, Credgenics, PT CRIF Lembaga Informasi
Keuangan, Provenir, 8x8, Feedzai, Teleperformance Indonesia, AI
Rudder, M2P, Finastra, IT Group Indonesia, Outsystems, Perkasa and
In a statement issued, following TigerGraph's participation
announcement, Herfini Haryono (Country Director Indonesia,
TigerGraph) expressed, "Graph technology is increasingly viewed as
a gamechanger in the financial services space. With a projected
transaction value of USD125 billion for digital payments in
Indonesia by 2027, there is an urgent need to bolster fraud
prevention and detection as well as data risk assessment
capabilities to help companies lower costs of payment fraud,
uncover latent fraud patterns and deliver holistic customer
experiences. Deep-link analytics, when combined with AI and Machine
Learning, will be indispensable to financial institutions and
fintech players that require real-time insights to improve and
strengthen internal security procedures."
WFIS 2022 - Indonesia, will also host over 500 technology and
business heads from the leading Banks, Insurance &
Micro-Finance institutions across the country who will explore the
ideal technology solutions for their firms at the event's
Exhibition Hall. They will also get a chance to take back the
latest industry intel shared by the most inspirational thought
leaders comprising the best minds from FSI.
During an interview, the Co-Founder and CEO of Credgenics, Rishabh
Goel gave a very interesting fact about the industry, he mentioned,
"We have observed that more than 50% of the collections in retail
loans can be completed through digital and automated mode, without
any need for manual effort intervention. However, this potential
has been underutilized due to the lack of a modern, digital-first
and analytical approach. We are changing this by working with
lenders across India and South East Asia to make their debt
collections digital, data-driven, and customer-centric. We are
excited to be a part of WFIS Indonesia and looking forward to
engaging with the industry leaders over the two days."
The event will power two knowledge-packed days filled with
insightful presentations on the most pressing industry topics, deep
dive panel discussions with the leading thought leaders, live
showcase of the best fintech solutions and abundant networking
Francesco-Strobbe, Lead Financial Sector Economist, The World Bank
is of the opinion, this summit provides an excellent opportunity to
bring together financial institutions, regulators and other
stakeholders to exchange perspectives and discuss the future
direction of the financial services industry in Indonesia. This is
critical to ensure that financial institutions continue to support
the real sector, facilitate the transition towards a green economy,
and explore new technologies to disburse inclusive finance."
Some of the confirmed speakers for the event include IMANSYAH,
Deputy Commissioner of OJK Institute and Digital Finance, OJK,
TRIYONO GANI, Executive Director Digital Finance, Innovation Group,
OJK; RITESH VARMA, Global Head and Vice President for Business
Solutions Group, Newgen Software; DANIEL CHU, Vice President of
Systems Engineering, APJ, ExtraHop Networks; MANI GOPALARATNAM, CEO
& CTO, Resulticks; GHULAM IMADUDDIN, Director, Solutions
Engineering, TigerGraph; KAIJIE HO, Senior Account Executive, SEON;
RISHABH GOEL, Co-Founder and CEO, Credgenics and many others.
Some of the crucial topics from the event include, 'Making Debt
Collections Digital, Data-driven and Customer-centric', 'Defining
An XDR Strategy', 'Data Driven CX in a Transformed World',
'Neo-Banks', 'Cloud Banking Platform', 'Building an AI Powered
Bank' and many others.
Organizer and CEO of Tradepass, Sudhir Jena expressed, "At a time
when Indonesia is geared up to establish financial inclusion in the
country, World Financial Innovation Series (WFIS) will be of
paramount importance as not only it will bring the latest
developments from the industry to the fore but will also foster
collaboration between the public and private sector."
For more information about the event, log on to:
Providing access to the global emerging markets, Tradepass brings
together people, products and solutions to power events for
unparalleled business and networking opportunities. Being the most
accredited event company, it helps organizations: enter new
markets, grow sales pipeline, close prospects, raise capital and
identify the right solution-providers.
As a deal facilitator, Tradepass is always determined about
exposing the most agile liquid growth markets, to enable all-round
scalability and growth.
PR & Communication Lead
+ (91) 80 6166 4401
Copyright 2022 JCN Newswire . All rights reserved.