IJRR

International Journal of Research and Review

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Review Paper

Year: 2022 | Month: January | Volume: 9 | Issue: 1 | Pages: 534-543

DOI: https://doi.org/10.52403/ijrr.20220162

Digital Banking in Indonesia: The Development of Cashless Culture and Regulations

Henry Aspan1, Anggi Pratama Nasution2, Ikhah Malikhah3

1,2,3Universitas Pembangunan Panca Budi, Medan, North Sumatera, Indonesia

Corresponding Author: Henry Aspan

ABSTRACT

As a business, banking adheres to the concept of a trust business. When it comes to risk management, this is where the bank truly has to be at its best. As a result, banks like Bank Indonesia and OJK may rest easy knowing that they are in accordance with the law. However, banks are particularly concerned about reputation risk, which has an impact on customer trust and is crucial for banks to manage. As part of digital banking's infrastructure and banking technology, security and transaction simplicity must also be addressed.

Keywords: Electronic Money, Regulation, Transaction, Legal System.

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