Saturday, 21 July 2018 | 01:38 WIB

BCA Supports Development of Indonesian Startups through Knowledge Forum

BCA Head Office

JAKARTA, NETRALNEWS.COM - PT Bank Central Asia Tbk (BBCA) or BCA is supporting the development of digital-based innovation and creativity in order to spur Indonesia's economic growth.

The support was given through the event Indonesia Knowledge Forum (IKF) VI with the theme "Elevating Creativity & Innovation Through Digital Collaboration". BCA Director Henry Koenaifi said innovation and creativity is the backbone in establishing a digital based business.

According to him, everyone can be actors for digital-based startup business, by relying on the ease and current technological advancements.

"But not all business ideas can provide added value for the community and provide economic benefits for business continuity," he said in the BCA Cafe 7 forum held at Breakout Area of BCA Tower, in Jakarta, Wednesday (9/13/2017).

Henry said in terms of banking services BCA continues to innovate in launching digital-based banking solutions and services that provide ease of service and transactions to customers.

Meanwhile, BCA Senior Executive Vice President of Strategic Information Technology Hermawan Tendean  said that the rapid growth of fintech (financial technology) and e-commerce actors encourages the growth of the society's need for information services and banking financial transactions.

"In practice, fintech and e-commerce actors need solid system connectivity with the banking world in order that payment transactions of users of their applications or sites run smoothly," he said.

BCA has also launched an Application Program Interface (API) system that allows fintech and e-commerce actors to connect with BCA banking services.

"There are some information that can be used such as transfers, account transfer, ATM locations, Sakuku payments, and other services to answer the needs of today's fintech world."

Meanwhile, in terms of financing, the company has launched Central Capital Ventura. Through the venture capital company, BCA is going to invest IDR200 billion ($16 million) for fintech startups. (*)