Silverlake Axis Partners Bank Mantap to Enhance Financial Inclusion in Indonesia

Silverlake Axis, a Singapore-mainboard listed fintech and digital banking options supplier, has introduced a strategic partnership with Indonesia’s Financial institution Mandiri Taspen (Financial institution Mantap).

This collaboration is a part of Silverlake Axis‘ growth in Indonesia, highlighting its give attention to the Indonesian market as a key space for progress.

The partnership entails the deployment of Model 12 of the Silverlake Axis Built-in Banking Options (SIBS) throughout greater than 390 branches of Financial institution Mantap, protecting over 40 provinces in Indonesia.

The initiative goals to contribute to the monetary well-being of the area and aligns with the Monetary Providers Authority of Indonesia (OJK)’s imaginative and prescient for 2025, which focuses on enhancing monetary literacy and entry to inclusive monetary merchandise within the nation.

SIBS Model 12 is designed to help a variety of banking operations, from retail to industrial sectors, and is adaptable to digital and open banking transformations.

The system guarantees to reinforce Financial institution Mantap’s operational effectivity and supply price benefits, leveraging the financial institution’s current infrastructure and IT experience.

Earlier within the 12 months, Silverlake Axis additionally partnered with Safeguards Company to launch Malaysia’s first cloud-based Unbiased ATM Deployer (IAD).

Cassandra Goh

“Now we have regular progress plans in Indonesia, and the market holds loads of potential for the total digital transformation of its banking sector.

 

This collaboration reaffirms our continued dedication to enhancing monetary inclusion and supporting Indonesia’s high-potential and more and more financially literate inhabitants.”

shared Cassandra Goh, Deputy Government Chairman of Silverlake Axis.

Elmamber P. Sinaga

“We’re happy to work with Silverlake Axis and implement SIBS V12 in our day by day enterprise operations.

 

Their long-standing monitor file of success assures us that now we have the appropriate companion to fulfil our targets.”

shared Elmamber P. Sinaga, CEO of Financial institution Mantap.