What Is Fintech Data Center? Say Good Bye Troubled Credit

What Is Fintech Data Center (Unsplash)

YOGYAKARTA - Have you heard what the Fintech Data Center (FDC) is being developed by the Indonesian Joint Funding Fintech Association (AFPI)? He said the development was for financing technology companies (pinjol) to improve the business performance of its members.

Head of Public Relations of AFPI Andi Taufan Garuda Putera explained that the data center will also be applied to anticipate bad credit and prevent the disbursement of loans against "naughty" debtors who are often absent from paying bills.

He claims there have been 138 platforms that are members of the fintech data center (FDC) and have collected up to 6 million borrower data, especially productive loans.

"We built fintech data centers, one of which is useful to see which borrowers are problematic and are hit by blacklists by one of the members. So, other platforms that have joined the FDC will not channel loans to the borrower," he said at the Online Press Club AFPI.

So the reason for the construction of the Fintech Data Center has one goal, namely to facilitate all data between Fintech and others who already have permission from the Financial Services Authority to be able to integrate with each other.

From the data center, the P2P Lending fintech organizer is able to get to know the portfolio of potential borrowers and carry out credit assessments so that they can prevent potential problems with credit.

Fintech Data Center Development Function

Head of Public Relations of AFPI Andi Taufan Garuda Putera explained that the data center was applied to anticipate bad credit and prevent loan disbursement of debtors who were difficult to collect and continued to avoid. He also added that until early February there had been 138 platforms that were members of the Fintech Data Center and had collected 6 million bundle data, especially productive loans.

Taufan also determined that AFPI continues to agree to ensure the safety of lenders or lenders who channel their funds through the P2P Lending platform. Education for the people run by AFPI through collaboration with some financial institutions such as the Financial Services Authority (OJK), Bank Indonesia (BI) and other conventional financial services institutions in this regard.

This continues to be carried out intensively by AFPI considering that there is still a lot of oblique information that makes people worried about using online loans.

So, Personal Data Roads Taken By Fintech Data Center?

Head of public relations and institutions AFPI Tumbur Pardede said related to data that can be accessed from prospective borrowers, all AFPI members can only access borrower data such as Camera, Microphone and Location. All AFPI members, as well as fintech operators P2P Lending registered in the OJK should imitate the regulations and laws of the OJK and code of conduct determined by AFPI regarding the way of entering the borrower data. With all that, the hope is that it can minimize the misuse of consumer data.

That's a glimpse of information about the Fintech Data Center. Remember! All of this was created to reduce the risks that exist in the transaction work through the P2P Lending platform and hopefully with more development and the existence of this Fintech Data Center, financial technology growth in Indonesia can grow rapidly.

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