Jalin and AFTECH Agree on the Establishment of a Fraud Detection Consortium (FDC): A Strategic Collaboration to Combat Fraud in the Fintech and Digital Financial Sector

Jakarta, 11 December 2025 – PT Jalin Pembayaran Nusantara (“Jalin”), a national digital financial infrastructure enabler under the Danantara ecosystem through the Danareksa State-Owned Enterprise Holding, together with the Indonesian Fintech Association (AFTECH), officially announced the establishment of the Fraud Detection Consortium (FDC)—Indonesia’s first industry-wide fraud intelligence network for digital financial services—one of the key highlights of Mandiri BFN Fest 2025. This strategic initiative is designed as a collaborative industry platform to combat fraud and cyber incidents in digital financial services through a centralized intelligence data-sharing mechanism.

The FDC initiative comes at a time of rapid growth in Indonesia’s digital economy. In the third quarter of 2025, digital payment transactions reached 12.99 billion, representing a 38.08% year-on-year increase. While this growth reflects strong adoption, it has also been accompanied by heightened fraud and increasingly organized cyber threats. At the same time, defensive mechanisms that continue to operate in silos have resulted in fragmented fraud data, limiting the industry’s ability to identify and respond to threats in a timely manner.

AFTECH Secretary General Firlie Ganinduto emphasized that the FDC will serve as a critical pillar in strengthening governance for fraud and cyber-risk mitigation, particularly within the fintech and digital financial ecosystem.

“Organized fraud cannot be addressed through isolated efforts. The industry needs a common platform to align security standards and exchange actionable insights. This initiative represents a concrete step by AFTECH and Jalin to safeguard the fintech ecosystem and support its sustainable and trusted growth,” he said.

Conceptually, the FDC is designed as a fraud intelligence ecosystem that consolidates risk signals from across industry participants. This approach enables previously fragmented data to be transformed into more comprehensive and actionable anti-fraud insights. Going forward, the FDC is also envisioned to synergize with national anti-scam initiatives to expand the scope of detection and risk response capabilities.

As an initial phase, the initiative will begin with the adoption of Jalin’s Fraud Management System (FMS), implemented through a shared infrastructure model. Deployment will be carried out in phases across AFTECH members and Jalin’s network participants, serving as the technical foundation for the development of the FDC as a backbone of fraud intelligence within Indonesia’s digital financial industry. This approach broadens access to industry-grade security capabilities, particularly for emerging fintech players that face investment constraints in building standalone systems.

President Director of Jalin, Ario Tejo Bayu Aji, stated that the establishment of the FDC represents a strategic step to strengthen industry readiness in addressing the growing complexity of fraud risks in digital finance.

“The strategic vision of the FDC requires a robust technological foundation, and this is where Jalin’s FMS plays a key enabling role. Through a shared infrastructure approach, FMS provides equal access to defensive capabilities for all industry players, enabling the ecosystem to confront increasingly sophisticated threat patterns with a comparable level of preparedness,” Ario explained.

The initiation of the FDC by Jalin and AFTECH, together with the implementation of FMS, is expected to mark an important milestone in advancing the maturity of Indonesia’s fintech industry. The next phase will involve gradual pilot implementations, accompanied by ongoing engagement with regulators to strengthen policy frameworks and ensure the operational readiness of the digital financial ecosystem.