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Digitalization

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As a continuation of the 2025 Payment System Blueprint (see November 2019 alert), which led to the successful implementation of key initiatives such as (i) the continued domestic and cross-border implementation of the Quick Response Code Indonesia Standard (QRIS) (see August 2019 and September 2022 alerts), (ii) the National Open API Standard (SNAP) (see August 2021 alert), (iii) the real-time payments infrastructure (BI-FAST), and (iv) regulatory, licensing, and supervisory reforms (see January 2021 alert), Bank Indonesia has now…

It is no doubt that the coronavirus pandemic has given companies a boost in implementing work-from-home solutions. However, even before that, smart working has always been part of the employment relationship and, together with it, the need to ensure that efficiency and performance levels were met, regardless of the premises from which the employee was working. Technology offers a number of solutions to set up corporate surveillance, in its broadest sense. Indeed, it is not…