Indonesian Monetary Regulation Regarding Chinese Electronic Payment in Indonesia

Regional Dimensions of Monetary Policy in Indonesia

The Development of Electronic Payment System for Universities in Indonesia: On Resolving Key Success Factors

It is known that IT projects are high-risk. To achieve project success, the strategies to avoid and reduce risks must be designed meticulously and implemented accordingly. This paper presents methods for avoiding and reducing risks throughout the development of an information system, specifically electronic payment system to handle tuition in the universities in Indonesia. The university polici...

Electronic Money Laundering Detection in Transactions of Payment Service Providers

Under the coverage of legitimate commerce, criminals money-launder their illicit incomes through the payment gateways provided by Payment Service Providers (PSP). In order to do money-laundering forensics in transactions of PSP companies, a new method was proposed by Hojati et al which is done through detecting deviations from class behavior based on peer group analysis (PGA) method. Our experi...

Forum on the Development of Electronic Payment Technologies and Its Implications for Monetary Policy: Interim Report

In December 1997, the Bank of Japan established the Forum on the Development of Electronic Payment Technologies and Its Implications for Monetary Policy. The objectives of the forum were to analyze the emergence of electronic means of payment including electronic money and its implications for monetary policy. The forum has met eight times and discussed a number of issues. This report summarize...

Security in Electronic Payment Systems

The underlying model of an electronic payment system consists of three parties: a bank, a customer, and a shop. There are three different types of transactions within the system: withdrawal involving the bank and the customer, payment involving the customer and the shop, and deposit involving the shop and the bank. The customer's account is debited during withdrawal, and the shop is credited du...