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Dana (payment Service)
Dana is a digital financial service based in Jakarta, Indonesia, which acts as a digital payment to replace conventional wallets. Founded in 2018, Dana is a digital wallet registered with Bank Indonesia with four licenses including electronic money, digital wallet, money transfer, and digital financial liquidity. History Vincent Israwa launched Dana on 11 November 2018. Dana began in 2018 as an app offering payments, loyalty points and financial services powered by KMK Online's digital arm. Dana received permission to operate as a fintech company throughout Indonesia on December 5, 2018. With Dana, users can carry out transactions such as bill payments, top up games online, credit, or Dana Paylater, transactions using barcode scanning, and e-commerce. Dana is an official digital payment platform which is directly supervised by Bank Indonesia, it carries an open platform and can be used in various applications, online and conventional outlets. Dana was developed by the compan ...
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Mampang Prapatan
Mampang Prapatan is a district in the administrative city of South Jakarta, Indonesia. The expatriate residential areas of Bangka and Kemang, known for their annual Kemang Festival, are located in the Mampang Prapatan District. The boundaries of Mampang Prapatan are Krukut River to the west, Cideng River and Mampang River to the east, Jalan Jenderal Gatot Subroto Tollway to the north, and Kemang Selatan-Kemang Timur Road to the south. Mampang Prapatan Main Road passed through Mampang Prapatan District. The expatriate neighborhood Kemang partly located in this district. Subdistricts The district of Mampang Prapatan is divided into five ''kelurahan'' or administrative villages: * Kuningan Barat - area code 12710 * Pela Mampang - area code 12720 * Bangka - area code 12730 * Tegal Parang - area code 12790 * Mampang Prapatan - area code 12790 Landmarks * Kemang * Lippo Mall Kemang *Al Barkah Mosque, built in 1818, one of the few mosques built in traditional Javanese architecture * ...
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E-commerce
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry. Defining e-commerce The term was coined and first employed by Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transacti ...
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Financial Services Companies Established In 2018
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ...
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Bank Sinarmas
PT Bank Sinarmas Tbk is a subsidiary of Sinar Mas Multiartha engaged in banking. To support its business activities, by the end of 2020, the bank has 69 branch offices, 134 sub-branch offices, 140 cash offices, 28 sharia branch offices, and 12 sharia cash offices. History The bank started its history in 1989 under the name "PT Bank Shinta Indonesia", and is owned by the Hermijanto family-owned Shinta Group which is engaged in the textile and manufacturing industries. In 1993, the bank opened a branch office in Bandung, and a year later, the Ministry of Finance designated the bank as a perception bank. In 1995, the bank was also designated as a foreign exchange bank. In 1996, the bank opened a branch office in Surabaya. In April 2005, PT Sinar Mas Multiartha Tbk and PT Shinta Utama officially became the majority shareholders of this bank which at that time had an asset of IDR 436 billion. By the end of 2006, the bank had changed its name to what it is today and its assets had reac ...
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Sinar Mas
Sinar Mas is one of the largest conglomerates in Indonesia. It was formed in 1938. It has numerous subsidiaries including Asia Pulp & Paper and palm oil producer PT SMART. The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja. Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja. Sinar Mas businesses operate in different sectors such as pulp & paper, real estate, financial services, agribusiness, telecommunications, and mining. The businesses are listed in the Indonesian and Singapore stock exchanges. Business units * PT Innovate Mas Indonesia * PT Mora Quatro Multimedia (CEPAT NET, HOMELinks) * PT Sinar Mas Komunikasi Teknologi (Sinar Mas Communication & Technology) ** PT XLSmart Telecom Sejahtera Tbk ( XLSmart) – 34.8% ** PT Ahamobi Telecom (AhaMobi) * PT The Univenus * PT Sinar Dunia Makmur (Sinar Dunia) ** PT Indah Kiat Pulp & P ...
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Bank Rakyat Indonesia
PT Bank Rakyat Indonesia (Persero) Tbk ( "Indonesian People's Bank"), commonly known as Bank BRI or just BRI, is one of the largest banks in Indonesia. It specialises in small scale and microfinance style borrowing from and lending to its approximately 30 million retail clients through its over 8,600 branches, units and rural service posts. It also has a comparatively small, but growing, corporate business. As of 2022, it is the second largest bank in Indonesia by asset. BRI is the oldest bank in Indonesia, tracing back since 1895. It is currently 53% government owned operating company (Persero) and has been government-owned for the entire period since the war of independence (1945 to 1949) to November 2003, when 30% of its shares were sold through an IPO. History BRI was founded in 1895, during the Dutch colonial period as ''De Poerwokertosche Hulp en Spaarbank der Inlandsche Hoofden'' (Help and Savings Bank for Purwokerto's Aristocrats) by Raden Bei Aria Wirjaatmadja ...
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Bank Central Asia
PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA), is an Indonesian bank founded on 21 February 1957. It is the largest private bank in Indonesia, with assets amounting to Rp 5.529,83 trillion (US$308,5 billion) as of 2022. It is currently headquartered at BCA Tower in Jakarta. Bank Central Asia was founded by Salim Group as "NV Perseroan Dagang Dan Industrie Semarang Knitting Factory". It was expanded by banker and conglomerate Mochtar Riady, who took control of the bank. Bank Central Asia expanded rapidly during the 1980s and 90s, BCA works with well-known institutions, such as PT Telkom, Citibank, and American Express. The bank was hit hard during the 1997 financial crisis and the subsequent 1998 May riots. It was in massive debt and as a result it was taken over by the Indonesian Bank Restructuring Agency and sold to another conglomerate group Djarum. BCA has thrived since, and took a major step by going public in 2000. In 2022, Bank Central Asia wa ...
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Bank Mandiri
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of 2022, were 1.992 Trillion rupiah (around US$133 Billion). As of 2022, Bank Mandiri is the largest bank in Indonesia by total assets. As of December 2022, the bank had 2,364 branches spread across three different time zones in Indonesia and 7 branches abroad, about 13,027 automatic teller machines (ATMs), and 11 subsidiaries, such as: Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Mandiri Taspen, and Mandiri AXA General Insurance. History Pre-merger Bank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. During the amalgamation and reorganisation, the government reduced the number of branche ...
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Ant Group
Ant Group ( zh, s=蚂蚁集团, p=Mǎyǐ jítuán, t=), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching in June 2020. As of 2024, it is the sixth largest fintech company in the world. In March 2019, ''The Wall Street Journal'' reported that Ant's flagship Tianhong Yu'e Bao money-market fund was the largest in the world, with over 588 million users, or more than a third of China's population, contributing cash to it. In October 2020, Ant Group was set to raise US$34.5 billion in the world's largest IPO at the time, valuing the company at US$313 billion. On the eve of the IPO, China stopped the process from moving forward. It was reported that the Chinese Communist Party leader Xi Jinping personally scuttled the Ant IPO. On 12 April 2021, ''The Wall St ...
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Emtek
PT Elang Mahkota Teknologi Tbk, trading as Emtek, is an Indonesian technology, telecommunication and media conglomerate headquartered in Jakarta. it is Indonesia's second largest media company. It is the parent company for subsidiaries which include pay television service Nex Parabola and five television networks – SCTV, Indosiar, Moji, Ajwa TV, and Mentari TV. It was established in 1983 by Eddy Kusnadi Sariaatmadja. Currently, the company is headed by Alvin Widarta Sariaatmadja as its president director. History The company was established in 1983 as PT Elang Mahkota Komputer as a distributor of Compaq computers. In 1998, PT Elang Mahkota Komputer renamed itself into PT Elang Mahkota Teknologi. On 9 August 2004, the company launched a local television station – O Channel, along with the MRA Media Group. In 2007, Emtek took full control of the station. In 2008, the group took control of Surya Citra Media (SCTV). In November 2011, Emtek launched a subscription TV op ...
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Open Platform
In computing, an open platform describes a software system which is based on open standards, such as published and fully documented external application programming interfaces (API) that allow using the software to function in other ways than the original programmer intended, without requiring modification of the source code. Using these interfaces, a third party could integrate with the platform to add functionality. The opposite is a closed platform. An open platform does not mean it is open source, however most open platforms have multiple implementations of APIs. For example, Common Gateway Interface (CGI) is implemented by open source web servers as well as Microsoft Internet Information Server (IIS). An open platform can consist of software components or modules that are either proprietary or open source or both. It can also exist as a part of closed platform, such as CGI, which is an open platform, while many servers that implement CGI also have other proprietary parts th ...
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