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Prior the law passed, the Indonesia Deposit Insurance Corporation (LPS) did not regulate and assure the insurance. Article 53 of the law mandated the LPS to expand their assurance coverage from covering only bank savings to include the insurance covering in case the insurance company going bankrupt and have problems.
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes. Ultimately, a digital bank ...
Financial Services Authority (Indonesian: Otoritas Jasa Keuangan; OJK) is an Indonesian government agency which regulates and supervises the financial services sector. Its head office is in Jakarta .
Switching to an online-only bank can matter when it comes to the interest you earn and the fees you pay. Here's how digital banks differ from brick-and-mortar banks.
Nowadays, actually every bank in Slovenia is offering online banking services. The Slovenian Central bank's data shows that there was a rise of 5,1% in 2017 from the previous year and the number almost doubled from more than ten years ago. At the end of 2019, the number of users was almost 1 million.
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal ...
A central bank digital currency (CBDC; also called digital fiat currency [1] or digital base money [2]) is a digital currency issued by a central bank, [3] rather than by a commercial bank. It is also a liability of the central bank and denominated in the sovereign currency, [ 4 ] as is the case with physical banknotes and coins.
Syrian rebel leader Ahmad al-Sharaa - better known as Abu Mohammed al-Golani - told Reuters in a written statement on Wednesday that he would dissolve the security forces of the toppled regime of ...