Tag: Laku Pandai

Cooperatives are often encouraged to embrace modernization and digitalization. Yet, how prepared are they to undertake this journey? The problem tends to be more challenging, especially for women’s cooperatives in the rural areas, which are constrained in terms of access and skills to use digital platforms.

In Indonesia, the regulatory supervision of banking and financial services is under two regulatory bodies, Bank Indonesia (BI) and the more recently established, Financial Service Authority (Otoritas Jasa Keuangan or OJK). This study looks at synergies in regulations for e-money (LKD) and branchless banking (Laku Pandai) to unleash the full potential of digital financial services in Indonesia.