As technology continues to play an increasingly critical role in every aspect of business, there is a need to accelerate digital transformation and ensure the companies remain as the leader in their industry.

PT Murni, as a solution provider with more than 30 years of experience in developing various critical payment systems for the Central Bank and all major banks in Indonesia, always strives to innovate and pave the way for digital transformation in Indonesia.

StarFIN, as a market-leading company with a business presence in Malaysia, Myanmar, Philippines, Singapore, Pakistan, and other Asian countries, aims to expand its business further by entering the Indonesian market. As the 4th largest populated country (277 million) in the world, Indonesia has a huge potential market with over 100 banks, 1,000 non-bank financial institutions, and over 60 million SMEs.

Hence, with the establishment of this joint venture, MBI aims to expand the business into Indonesia and the global market by combining PT Murni and StarFIN expertise in digitalisation. Both the companies hope that this strategic partnership can add value and enhance their already popular and successfully-implemented solutions.

MBI for its first project has developed SMARTGATEWAY™ solution for BI-FAST payment transactions. SMARTGATEWAY™ is a ready-to-use application that connects Core Banking System (CBS) with the Central Bank BI-FAST system and requires zero to minimum modification on the internal system.

The next project for MBI is to enhance SMARTQUEUE® system, PT Murni’s customer experience solution, with e-KYC and signature verification system. This will be a game-changer for the customer experience improvement and digital onboarding process in Indonesia and the world. These solutions are expected to accelerate digital adoption and system transformation while maximizing security and providing benefits for all involved.

MBI will also introduce Robotics Process Automation (RPA) solution. This solution aims to speed up the SME adoption of Industry 4.0 by eliminating manual processes and minimizing human error with the utilization of software robots.

This joint venture is also a part of PT Murni’s business expansion towards IPO and is supported with digital solutions that PT Murni already has like the end-to-end customer experience solutions, AI-powered digital signage solutions, innovative self-service solutions, digital marketing services, and many more, PT Murni is committed to accelerating digital transformation for businesses across industries.

For more information, please contact us via e-mail at info@murni.co.id.

BI-FAST, a part of Indonesia Payment Systems Blueprint 2025, is a retail payment system that promotes faster, easier, and cost-effective transactions, which can be done in real-time and available 24/7. Unlike the current system, BI-FAST does not require account number information for customers to make online transfers. Now, transferring money can also be easily done by using recipientƒ??s mobile number or email address.

Aiming to enhance and standardise the quality of online transfer services, BI-FAST is expected to increase financial inclusion by reaching as many people as possible. Therefore, the adoption of this system will provide enormous benefits for the government, society, banks, fintech companies, digital payment providers, and the digital financial ecosystem in Indonesia.

This payment system will be implemented in 2021 and as the main participant, banks are required to prepare all the necessary solution and infrastructure. As the solution provider of SKNBI, which is a critical national payment system with very high availability, PT Murni introduces SMARTGATEWAYƒ?› to ensure smooth and hassle-free implementation of BI-FAST for every participant.

Mr. Christian Liadinata, CEO of PT Murni, explained that SMARTGATEWAYƒ?›is a ready-to-use application that connects the Bank Indonesiaƒ??s system with the system owned by each participant. Developed as a smart, flexible, and adaptive solution, SMARTGATEWAYƒ?›ensures a faster, easier, and cost-effective implementation of BI-FAST with no to minimal modification on the participantsƒ?? part.

In addition, the SMARTGATEWAYƒ?›solution can be easily integrated into the participantƒ??s internal system; therefore, it will reduce the time and process required for BI-FAST implementation.

As a solution provider with over 29 years of experience in the Indonesian banking industry, PT Murni also develops SMARTGATEWAYƒ?› as a holistic, secure, and value-added solution for banks so that this solution does not only facilitate BI-FAST, but also other digital payment systems such as RTGS, bulk payment, SWIFT ƒ?? all in compliance with ISO20022 payment standards.

ƒ??With BI-FAST being a critical national payment system, choosing the right solution from a solution provider (Vendor) with proven expertise in national payment system becomes the key for successful BI-FAST implementation.ƒ? he added.

For further information, please contact our Expert Consultants via email BI-FAST@murni.co.id.

Attended by numerous enterprises of various business sectors in Indonesia, this event brought up discussion of ways to anticipate internal fraud cases which often faced within the organization, including the illegal access to confidential assets, violation of authorization, and information theft from internal parties.

According to Insider Threat Report 2018 by Cybersecurity Insiders around 57% target of insider attack is confidential business information, including financials, customer data and employee data.

This type of insider attacks has been undetectable for years because of the difficulty in differentiating harmful actions and regular work. Even if it is detected, the employee can easily assert that the mistakes happened unintentionally, said Samore Kuo, the Security Expert from Amiya Corporation.ation, and information theft from internal parties.

To mitigate risks of internal frauds, monitoring of sensitive assets and log management system need to be applied. Alog Agentless Log Management System helps company to not only protect confidential data and information, but also allow for easy tracing of Usersƒ?? activities within the system. This solution improves traceability of digital assets by controlling access and logs and provides notifications whenever anomaly activities, such data breach, occur.

PT Murni hopes this seminar help in educating and building awareness on the importance of securing companyƒ??s valuable assets from internal frauds. However, considering the sensitivity and confidentiality of data, it is crucial to choose proper security solution that is able to securely and seamlessly adapt with any existing system. With the combination of proven technology and technical expertise from Japan, ALog is more than capable to achieve those objectives, effectively elevating internal security level and preventing potential risks due to internal data theft.