ODPGAP/17112023/JOBFAIRIPB/0006_Dicky Setyadi_Next BNI Hi – Movers

Fintech Development in Indonesia
📌 Fintech is rapidly developing in Indonesia due to its ability to facilitate various human financial needs, including borrowing, payments, investment, and share transactions.
📈 Reports show a significant increase in fintech transactions, causing some customers to switch from conventional banking.
⚠️ Although banking is considered safer, the shift to technology due to fintech convenience is causing a potential shift in the human role, leading to job loss in traditional banking.

Strategies for Conventional Banks
🏦 Banks can respond to fintech competition through several reports/strategies, such as innovation in digital banking service digitalization.
🤝 Establishing partnerships with fintech companies is a key suggested countermeasure.
🎓 Implementing financial education for the public helps maintain public interest and trust in banking institutions.
💵 Facilitating easier loan processes is another recommendation to retain customer interest.

Key Points & Insights
➡️ Fintech adoption is high in Indonesia, driven by convenience across transactions like payments and investments.
➡️ Conventional banks must focus on digital transformation and strategic partnerships to remain competitive against agile fintech providers.
➡️ Maintaining public trust through education and improved service accessibility (like loans) is crucial for traditional banking survival.

📸 Video summarized with SummaryTube.com on Jan 25, 2026, 15:03 UTC