PT Meta Media Optima today announces a strategic expansion into the financial services sector with the formation of the MMO Financial Technology Solutions Division — a specialized business unit focused on developing technology for banking, insurance, and fintech.
Background for the Expansion
Indonesia's financial sector is in a phase of massive digital transformation. The Financial Services Authority (OJK) reports that 87% of banks are in the process of or planning to modernize their core banking within the next 3 years. MMO sees this great opportunity as the right moment to bring its technological expertise to a sector still dominated by foreign vendors.
Product Lines on Offer
BankCore Digital
A modern core banking platform built on a microservices architecture, supporting transaction processing of more than 10,000 TPS (Transactions Per Second) with latency of less than 100ms.
FraudShield AI
An artificial intelligence-based fraud detection system that analyzes more than 200 behavioral variables per transaction in real-time. The false positive rate is only 0.3%, far below the industry average.
OpenBanking Gateway
A middleware platform that makes it easy for traditional banks to expose their services to the fintech ecosystem through OJK-standard compliant APIs.
Specialized Team and Certifications
This new division is backed by 45 specialist engineers with a background in the financial industry, and has obtained compliance certifications from Bank Indonesia and the Financial Services Authority (OJK). MMO is ready to support Indonesia's financial digitalization.