Insights about open finance, payments, and tech infrastructure

Margin is key to measuring how efficiently a business can generate profit from its revenue after all costs are accounted for. Deeply understanding it not only aids in analyzing current business performance but also in designing more effective strategies to enhance profitability in the future.

In the competitive business world, understanding your company's position and its vitality in the market not only gives you an upper hand but also equips you with the strength to make strategic moves. The SWOT analysis emerges as an essential tool that provides leaders with a profound understanding of their strengths, weaknesses, opportunities, and threats within their business context. This article will detail what SWOT analysis is, why it is crucial for businesses, and how you can effectively conduct a SWOT analysis to achieve the best results

The fintech landscape in Indonesia continues to show remarkable growth, particularly in the P2P lending sector. According to recent data from Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI), total loan disbursement through P2P lending platforms in Indonesia has reached Rp 978 trillion by the end of 2024, marking significant growth from the previous year. This figure not only reflects the rapid adoption of financial technology but also highlights the strong public demand for quick and accessible financing solutions.

In the business world, every decision carries significant impact whether on finances, operations, or company sustainability. But how can we ensure these decisions are based on accurate data rather than mere speculation? The answer lies in forecasting. Forecasting has become an essential tool for companies to project the future based on historical data and trend predictions. This article will explore the definition of forecasting, its types, methods used, and why it's crucial in today's business landscape.

One of the keys to running a successful business lies in well-organized transaction documentation. Among various financial documents, invoices play a crucial role as tools for recording payments, ensuring transaction transparency, and maintaining professional relationships with your clients. Yet, many entrepreneurs struggle with understanding how to create proper invoices or what essential components to include.

Have you ever noticed a box asking for a "referral code" while signing up for an app or purchasing a service? If yes, you’ve likely wondered what exactly is a referral code, why do so many companies use it, and most importantly, how can you implement a successful referral program for your business?

Payment Point Online Bank (PPOB) is a digital payment system that enables users to handle various transactions from electricity bills, PDAM (local water utility), installment payments, BPJS (national healthcare), to mobile credit and data packages - all in one integrated platform. This technology has become a vital solution for businesses looking to streamline their payment processes and financial management efficiently. With digital payment transactions including PPOB in Indonesia projected to reach USD 15 billion by the end of 2025, it's clear that there's high market confidence and demand for these services. For SMEs (UMKM), PPOB platforms not only offer transaction convenience but also open up opportunities to become digital payment agents. As more PPOB platforms enter the market, businesses must be more selective in choosing the right service that meets their specific needs.

E-commerce is an electronic trading system that enables online buying and selling transactions through digital platforms. According to Bank Indonesia, e-commerce growth in Indonesia continues to show positive trends, with transaction projections reaching IDR 503 trillion by 2025.

A Virtual Account is a unique temporary account number provided by banks or service providers to streamline payment processes and enable automatic transaction identification. This payment system allows instant verification once funds are received, eliminating the need for manual confirmation. Each Virtual Account number is linked to a specific transaction value, minimizing payment errors.

The payroll system has become the operational heart of every modern business, systematically and efficiently managing employee salaries. In this digital transformation era, the payroll process has evolved far beyond simple monthly salary transfers. Imagine your HR team's challenge of managing payroll for dozens, hundreds, or even thousands of employees each month. Add to that the complexity of calculating various salary components, from basic salary (gaji pokok), allowances (tunjangan), to tax deductions that must be done with high precision.

In today's digital era, money transfers have become part of our daily routine. Whether you're paying bills, sending money to family, or conducting business transactions, everything can be done in seconds. But have you ever experienced a failed transaction because you hit the transfer limit? For BRI customers, this article will help you understand the transfer limits for each type of account.

BNPL (Buy Now Pay Later) is a payment method that enables consumers to make purchases and split their payments into installments, offering greater financial flexibility in their shopping journey.

E-wallet is a digital payment application that stores funds electronically for various financial transaction needs. As a digital wallet integrated into smartphones, e-wallets enable users to make merchant payments, transfer money, and pay various bills right at their fingertips. A digital wallet works by connecting the application to users' bank accounts or debit/credit cards. In this article, we'll answer questions like what is an e-wallet? what is a digital wallet? and what are examples of e-wallets in Indonesia? Let's dive in!

In today's digital era, ATM Mandiri remains a vital banking service for Indonesia's society. As a smart customer, understanding minimum balance requirements and administrative fees is key to managing your finances efficiently.

PPOB businesses in Indonesia often grapple with complex and inefficient system integrations. In an increasingly competitive landscape, efficient PPOB integration is no longer just an option but a pressing need for survival and growth in today's era. This article reveals how BRICK is revolutionizing PPOB platforms, offering optimal solutions for real-time transactions and platform efficiency. For PPOB business operators, understanding this innovation is crucial to enhance competitiveness and customer service. Let's explore what PPOB is and how the right integration can transform your business.

A salary calculator is a digital tool that helps employees and companies convert gross salary to net salary, taking into account various components such as taxes, social security (BPJS in Indonesia), and other deductions according to the latest Indonesian regulations.

Hey Brickster! The long-awaited moment is finally here! Welcome to BRICK Wrapped 2024, where we'll review our innovative journey and extraordinary achievements in the open finance industry throughout this year. 2024 has witnessed how Brick, together with all of you, has carved remarkable achievements and pushed digital transformation to new heights

Payroll is a vital component of modern business operations, encompassing comprehensive employee compensation management and payment systems. In the business context, it's far more than just transferring money to employee accounts. It's a complex system integrating calculation, verification, and efficient distribution of employee compensation.

Are you searching for the right online payment solution for your business? In today's digital era, choosing the right online payment method can be the key to your company's operational success. According to Bank Indonesia data, digital payment transformation continues to show significant growth, driven by the implementation of the Indonesia Payment System Blueprint 2025.

The Directorate General of Taxes (DJP) has designated the National Identification Number (NIK) as the 16-digit Tax Identification Number (NPWP), applicable to individual residents, non-residents, businesses, and government institutions. This policy aims to simplify tax administration and improve service accessibility. Taxpayers can link their NIK to the NPWP through DJP Online or by visiting a Tax Service Office (KPP).

Have you ever imagined a world without digital payment methods? Today, payment options have diversified significantly, from traditional cash to open finance-based payment solutions. Let's explore in-depth the various modern payment methods and how to choose the right one for your needs.

Have you ever imagined living in an era where cash transactions become history? Payment systems in Indonesia have undergone remarkable revolution in recent years. Let's explore how digital transformation is changing the way we transact.

In today's rapidly evolving digital era, payment systems have undergone significant transformation. One innovation that's reshaping the financial landscape is Disbursement API. Let's explore the key differences between API and Non-API disbursement to help you choose the right solution for your business.

Indonesia's digital payment transformation has entered a new era with BI-FAST. This real-time payment system, initiated by Bank Indonesia, has significantly transformed the financial transaction landscape, recording a remarkable 67.79% year-on-year growth with 785.95 million transactions as of February 2024. But what exactly is BI-FAST, and how is it shaping the future of payments in Indonesia?

Transformasi digital telah mengubah cara masyarakat Indonesia bertransaksi. Berdasarkan data terkini, nilai transaksi digital di Indonesia mencapai pertumbuhan signifikan di tahun 2024, dengan peningkatan lebih dari 30% dibandingkan tahun sebelumnya. Untuk mengoptimalkan potensi ini, bisnis memerlukan infrastruktur pembayaran yang tepat untuk memproses transaksi secara efisien.

In an increasingly complex and dynamic business landscape, effective financial management has become the backbone of corporate success. One crucial aspect of financial management is disbursement, or the process of paying out funds. This article will thoroughly explore what disbursement is, its benefits, and how to implement it effectively in your business.

In the rapidly evolving digital landscape of Indonesia, payment aggregators have become the backbone of online financial transactions. Acting as a bridge between merchants and various payment methods, these platforms play a crucial role in facilitating e-commerce and driving financial inclusion. This article delves into the top 10 payment aggregators in Indonesia as of 2024, highlighting their unique strengths and analyzing industry trends and prospects.

In today's fast-paced digital world, seamless bank transfers have become a daily necessity. Indonesia's banking sector has seen two major players in this arena: BI FAST and Realtime Online. But what sets them apart? Let's dive deep into BI FAST and Realtime Online to see which system takes the crown in meeting our transfer needs.

In today's rapidly evolving digital landscape, Payment APIs (Application Programming Interfaces) have become the backbone of online financial transactions in Indonesia. For businesses looking to optimize their payment systems, choosing the right Payment API provider is crucial for accelerating innovation and growth. This article will explore seven of the best Payment API providers in Indonesia, highlighting their standout features and unique advantages.

In today's rapidly evolving digital era, Payment APIs (Application Programming Interfaces) have become the backbone of online financial transactions. For businesses looking to optimize their payment systems, understanding and choosing the right payment API is a crucial step to accelerate innovation and growth. This article will comprehensively discuss payment APIs, how they work, and compare Brick with other service providers.

The Quick Response Code Indonesian Standard, or QRIS, has become an integral part of daily life in Indonesia. As a fast and user-friendly digital payment method, QRIS has revolutionized the way Indonesians handle transactions. As of March 2024, the number of QRIS users has skyrocketed to 48 million, showcasing remarkable growth since its initial launch.However, with the surge in users, it's crucial to understand how to use QRIS payments correctly. This article will walk you through the payment process, recent developments, and the benefits and usage patterns of QRIS across Indonesia.

Di era digital yang terus berkembang pesat, open finance muncul sebagai konsep revolusioner yang membuka peluang baru bagi generasi muda, khususnya Gen Z. Sebagai pemilik bisnis atau enterprise dari kalangan Gen Z, memahami dan memanfaatkan open finance dapat memberikan keunggulan kompetitif yang signifikan dalam lanskap keuangan yang semakin terhubung.

In today's rapidly evolving digital landscape, online transactions have become an integral part of daily life in Indonesia. Two key technologies enabling these seamless transactions are payment gateways and payment aggregators. While both play crucial roles in the digital payment ecosystem, there are significant differences that businesses and consumers in Indonesia should understand.

In today's rapidly evolving digital landscape, financial innovation has become a key competitive advantage for businesses. One innovation that's reshaping the financial landscape is open finance. As a business owner or company executive, understanding the potential of open finance and how to implement it can unlock new opportunities for significant growth and operational efficiency.

QRIS Payment, or Quick Response Code Indonesian Standard Payment, is a QR code-based payment system standardized by Bank Indonesia and the Indonesian Payment System Association (ASPI).

In recent years, Indonesia has experienced a digital payments boom that's transforming the way we do business. But why do we need payment gateway solutions in today's digital economy? And how can they unlock the true potential of Indonesia's thriving e-commerce landscape?

Open Finance represents the next evolution in financial services, building upon the foundation laid by Open Banking.

As we navigate through August 2024, open finance is reshaping the financial services industry at an unprecedented pace.

In the heart of Southeast Asia's largest economy, a financial revolution is unfolding. Peer-to-Peer (P2P) lending in Indonesia has emerged as a powerhouse of innovation, reshaping the financial landscape and driving unprecedented growth in financial inclusion.

A recent study conducted by Brick, titled "Deep Verification Practices Among Indonesia's App Elites," has shed light on the innovative multi-layer verification practices employed by Indonesia's top-performing apps. This study provides valuable insights into how these apps have successfully balanced security and user convenience, setting a benchmark for app authentication worldwide.

In an increasingly digital world, businesses face a relentless and evolving threat: identity fraud. As millions of transactions move online, fraudsters are exploiting stolen personal data to wreak financial havoc on an unprecedented scale.