INDONESIA: Generative AI Can Save Indonesia’s Failing Rural Banks: Google

Posted by Asia Views | May 28, 2024 | 0 |

JakartaGlobe-May 27

Multinational IT consultant Devoteam G Cloud has partnered with Google Cloud to modernize rural banks (BPR) in Indonesia, following the bankruptcy of several of these banks in 2024. As of May 2024, the Financial Services Authority (OJK) had revoked the licenses of 11 BPRs. The Deposit Insurance Corporation (LPS) has paid out Rp 300 billion in deposit claims to customers of these banks. Fanly Tanto, Country Director for Google Cloud, said on Monday that in this digital era, BPRs and Sharia rural banks (BPRS) can enhance their services by adopting the latest technological advancements. Since 2023, OJK has consistently urged BPRs and BPRSs to digitalize their operations for greater efficiency. “Significant advancements can be made in the BPR/BPRS industry by using technologies such as artificial intelligence (AI) and machine learning algorithms for customer data verification, marketing plan formulation, and detecting unusual activities,” he said. To promote digitalization in the financial services industry, Devoteam and Google Cloud co-hosted an event titled “Getting to Know Google Cloud for The Financial Services Industry,” which was attended by over 100 BPRs from across Indonesia.The event aimed to familiarize BPR/BPRS with various Google Cloud tools that can elevate their business operations.

Komang Mertayasa, Devoteam G Cloud’s Artificial Intelligence & Machine Learning Engineer, added that generative AI could help BPR/BPRS quickly and efficiently enhance business operations, improve customer service, increase operational efficiency, and transform financial data management. Read more at:

https://jakartaglobe.id/tech/generative-ai-can-save-indonesias-failing-rural-banks-google

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EXTRICATING NDONESIAN CHILDREN FROM ISIS INFLUENCE ABROAD

Indonesia urgently needs to revisit the possibility of repatriating the neediest of its young citizens stranded abroad, whose families had earlier joined ISIS. Most of these children are in camps in northern Syria but there are also small numbers in the Philippines, Afghanistan and Iraq. “Extricating Indonesian Children from ISIS Influence Abroad”, the latest report from the Institute for Policy Analysis of Conflict (IPAC) argues that the government could begin by bringing back small groups of unaccompanied children under ten years of age, who pose minimal security risk and are most vulnerable to deteriorating conditions in the camps.“The problem is that health and security conditions are worsening by the day in the Syrian camps, and the children are growing older,” says Dyah Kartika, IPAC analyst. “They need access to schools, a nurturing environment, and medical attention. If the government waits too long, the children will be further exposed to ISIS ideology.” The new report examines a 2019 list of Indonesians in camps and prisons run by the Kurdish Syrian Democratic Forces (SDF). The Indonesian government has been trying to verify their citizenship, but with pseudonyms, misspellings and bad transliterations, it is a daunting task. At the time the data was collected, between March and June 2019, there were 555 Indonesians in SDF camps and prisons, including 367 children. Among the children, approximately 277 were under the age of ten and 34 were unaccompanied. In June 2021, there are fewer than ten children who are both unaccompanied and under the age of ten that could be prioritized for return. Bringing back children of ISIS families is no easy task. The report analyses the main challenges faced by the Indonesian government. These include definitional issues, bureaucratic competition, the difficulty of verifying nationality, evaluating the toll of exposure to conflict, assessing security risk, and finding relatives or others willing to provide care once the children are returned. In addition, COVID has meant stringent restrictions on travel, placing further obstacles in the way of repatriation. There are several models for rehabilitation of children exposed to violent extremism in Indonesia that could be modified to accommodate the needs of children repatriated from abroad. The report examines these models and argues that the government does not need to have every detail of rehabilitation programs in place before it starts extricating children from ISIS influence. It can start by bringing back the most vulnerable children and then modify programs as needed.

“It’s important that the government see these children as victims” says Dyah. “They deserve a chance to be children again.”

INDONESIA: Generative AI Can Save Indonesia’s Failing Rural Banks: Google

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