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Jakarta Roundtable with audax on 19 Feb at Raffles Hotel

Don’t miss this unique opportunity to connect with other thought leaders and discover insights over this lunch roundtable!

Indonesia’s banking sector is undergoing a profound transformation, driven by the rapid adoption of digital banking and the emergence of Banking-as-a-Service (BaaS) as a critical enabler of innovation. With financial inclusion steadily rising and regulatory frameworks evolving to support fintech innovation, financial institutions are uniquely positioned to modernise their operations and capture growth opportunities in a dynamic digital-first economy. audax, the appointed digital transformation partner for Maybank Islamic, will lead discussions on how financial institutions can harness these trends to enhance their offerings, improve customer engagement, and navigate a competitive landscape:

  1. Open Banking and Ecosystem Integration: Regulatory initiatives such as the National Open API Payment Standard (SNAP) are fostering fintech innovation and encouraging collaboration between financial institutions and third-party providers. Open banking and BaaS models enable seamless integration into lifestyle ecosystems, creating opportunities for banks to deliver customer-centric services at scale.
  2. Modernising to Compete with Digital Challengers: As neobanks gain traction, traditional banks face increasing competition for market share. Cloud-native and API-driven platforms allow incumbents to modernise their infrastructure, launch agile digital offerings, and remain competitive in the face of disruption.
  3. The Rise of Islamic Banking: With Islamic banking penetration still low at just 7% in Indonesia, there is immense potential for growth. By leveraging digital transformation and Shariah-compliant financial models, banks can tap into this underserved market while driving financial inclusion and capturing new customer segments.

Agenda:

  • 12:00 PM Arrival of guests & Light refreshments
  • 12:30 PM Welcome by audax
  • 12:40 PM Islamic banking presentation by audax & Lunch
  • 12:55 PM Discussion instigated by the moderator & continued by the group over lunch
  • 1:30 PM Discussion brought to a close; Closing remarks Guests encouraged to continue networking
Venue: Raffles Hotel (Jl. Prof. DR. Satrio Kav. 3-5, RT.18/RW.05, Kuningan, Karet Kuningan, Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12940, Indonesia)

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Powering Digital Banking In Indonesia – A Dialogue on Transformation and Growth

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