Pandu Sjahrir Encourages Preventive Actions To Prevent Online Gambling Practices

JAKARTA - Chairman of the Indonesian Fintech Association (AFTECH), Pandu Sjahrir, emphasized the importance of preventive action as the main step in preventing and anticipating online gambling practices that are increasingly prevalent in society.

"AFTECH fully supports all initiatives carried out by the government in eradicating illegal online gambling activities. We firmly reject all practices related to online gambling, including involvement in the digital financial ecosystem," said Pandu Sjahrir in an official statement, quoted Wednesday, July 3.

As an association that houses fintech industry players in Indonesia, AFTECH is committed to continuing to encourage the development of a safe, comfortable, healthy, and sustainable industry. Pandu emphasized that preventive measures are very important to prevent and anticipate online gambling practices in the fintech ecosystem.

"We continue to encourage industry players to take preventive measures as an effort to prevent and anticipate online gambling practices," he said.

As a form of commitment, AFTECH has designed various strategies to eradicate online gambling. This includes strengthening corporate governance, risk management, and compliance (Governance, Risk Management, and Compliance/GRC). In addition, AFTECH also emphasized the importance of education and literacy related to the use of appropriate fintech products and services.

"One of the significant steps we took was the use of Artificial Intelligence (AI) technology in the process of Knowing Your Customer (KYC) and assessing credit eligibility. This is to identify potential loan recipients who may be involved in online gambling transactions," explained Pandu.

Pandu also appealed to all AFTECH members to block accounts indicated to be used in illegal activities, including online gambling, in accordance with a list submitted by the Financial Services Authority (OJK).

"We are committed to strengthening the company's governance with strict Know Your Business (KYB) procedures to ensure the security and integrity of digital payment systems," he added.

The application of Fraud Detection System (FDS) technology is also an important step taken by AFTECH. "AFTECH and its members continue to monitor and close digital wallet accounts that are indicated to be involved in online gambling," said Pandu.

In the #GenerationAsanAntiJudol campaign, Pandu invites all industry players, stakeholders, and the public to jointly increase digital financial literacy and fintech.

"Innovasi di sektor keuangan harus membawa dampak positif bagi masa depan generasi muda Indonesia," pungkasnya.