Bank BRI: Revolutionizing Financial Inclusion in Asia with Digital Banking
- Networks & Connectivity - Global Navigation Satellite System (GNSS)
- Sensors - GPS
- Finance & Insurance
- Quality Assurance
- Facial Recognition
- Fraud Detection
- Cloud Planning, Design & Implementation Services
- System Integration
Bank Rakyat Indonesia (Bank BRI), one of the largest banks in Indonesia, was faced with the challenge of increasing financial inclusion among unbanked Indonesians. The bank had an ambitious target of having 84 percent of Indonesians participating in the banking system by 2022. However, the bank's legacy technologies were proving to be a hindrance in achieving this goal. Each of the bank's products had their own public APIs, which were difficult to manage, secure, and monetize. Additionally, the process of onboarding new partners using host-to-host and VPN technology was time-consuming, taking up to six months. The bank also faced the challenge of reaching a largely rural population, with an estimated $8.3 billion in currency being held outside the banking system.
About The Customer
Bank Rakyat Indonesia (Bank BRI) is a government-owned bank and one of the largest banks in Indonesia. The bank is committed to increasing financial inclusion among unbanked Indonesians and has an aggressive target of having 84 percent of Indonesians participating in the banking system by 2022. Bank BRI specializes in using modern digital banking to facilitate microfinance lending across its network of over 10,000 branches and thousands of branchless agents. The bank is also the biggest microfinance lender in the ASEAN region and has the largest network of any bank in ASEAN.
Bank BRI adopted the Cloud Apigee API Management Platform as the bank's digital nucleus to transform its legacy technologies. The bank implemented a web-native frontend over a new technology stack with Apigee as a second layer. This made it easier to manage the entire API lifecycle and reduced the time taken to onboard new partners from six months to less than an hour. To reach the rural population, the bank launched Agent BRILink, a nationwide network of branchless agents. These agents could open new accounts, take deposits, pay out withdrawals, and process and disburse loans in under two minutes with the Pinang microfinance mobile app. The bank also operated its own satellite to overcome connectivity issues in rural areas. Additionally, Bank BRI integrated with the Indonesian government ID database using the Cloud Vision API for instant identity verification.
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
Related Case Studies.
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Vodafone Hosted On AWS
Vodafone found that traffic for the applications peak during the four-month period when the international cricket season is at its height in Australia. During the 2011/2012 cricket season, 700,000 consumers downloaded the Cricket Live Australia application. Vodafone needed to be able to meet customer demand, but didn’t want to invest in additional resources that would be underutilized during cricket’s off-season.
SKT, Construction of Smart Office Environment
SK T-Tower is the headquarters of SK Telecom. Inside the building, different types of mobile devices, such as laptops, smartphones and tablets, are in use, and with the increase in WLAN traffic and the use of quality multimedia data, the volume of wireless data sees an explosive growth. Users want limitless Internet access in various places in addition to designated areas.