Credit Bureau Indonesia (CBI) Participates in the World Financial Innovation Series (WFIS) 2023 with a Focus on Leveraging Structured Data for the Credit Industry

Jakarta, October 2023.
Credit Bureau Indonesia (CBI), a licensed Credit Reporting Agency (Lembaga Pengelola Informasi Perkreditan/LPIP) under the supervision of Indonesia’s Financial Services Authority (OJK), successfully participated in the World Financial Innovation Series (WFIS) held on October 24–25, 2023, at The Ritz-Carlton Jakarta, Pacific Place.

Carrying the theme “Leveraging the Next Evolution in Financial Services,” the event brought together global financial leaders and industry practitioners to discuss the latest innovations and transformations in the financial services landscape.

CBI Highlights the Power of Structured and Alternative Data

Representing CBI as one of the keynote speakers, Anton K. Adiwibowo, Business & Services Director, delivered a presentation titled “Tailored Risk Management Solutions by Leveraging Structured and Alternative Data Sources in the Credit Industry.”

In his remarks, Anton emphasized, “In today’s rapidly evolving information era, effective credit risk management has become increasingly critical. At Credit Bureau Indonesia, we are committed to delivering solutions that are customizable to both individual and industry needs—by utilizing diverse data sources, including structured and alternative data.”

He added, “Structured and alternative data open the door to more comprehensive credit evaluations. This enables financial institutions to make faster, data-driven credit decisions while maintaining healthy risk levels—supporting sustainable business growth.”

Driving Innovation and Financial Inclusion

Anton also spoke about how CBI remains focused on innovation and adaptive solutions to address evolving credit risk management challenges.
He explained, “At CBI, we continue to provide innovative, customizable solutions for businesses navigating today’s dynamic environment. By doing so, financial inclusion can progress alongside the healthy growth of financial institutions—contributing to Indonesia’s economic development.”

Strengthening Collaboration and Industry Growth

CBI’s participation in WFIS 2023 was well received by attendees, who sought deeper insights into the latest developments in the financial industry. The event also provided opportunities for CBI to engage directly with stakeholders and explore potential collaborations.

Credit Bureau Indonesia remains committed to playing a leading role in advancing Indonesia’s credit industry and continues to pursue innovative ways to deliver better, data-driven solutions for all stakeholders.