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Company
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Standard Chartered plc is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1.200 branches and outlets across more than 70 countries and employs around 87,000 people

Their challenges in Indonesia
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Not a large market capitalization in retail banking

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Approx. less than 500K retail customers

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Very little growth in unbanked and unsecured space (loans + credit cards)

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Context( approX) Total Asset scB: Rp 60 trillion Vs bRi Rp 1,250 trillion

Their goal: nexus banking as a service
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Mission -expand their customer base by reaching the unbanked sector

Looking to partner with with e-commerce, social media ride hailing, and other digital platforms

Through nexus these platforms will offer loans,credit cards, and other services

Their needs
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SCB strengthening their demand side partnerships

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Already announced a partnership with a " major e-commerce player”

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Need to onboard these customers (including SMEs)looking for loans and other products

Product used
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Liveness Detection

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OCR(KTP)

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Face Comparsion

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OCR ( NPWP currently testing)

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OCR(KK currently testing)

Why ADVANCE.AI?
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Looking for partners with significant experience in the region

Very strong product and team -they have tested our products since 2018 with well over 10,000 api calls

Price- lower than competitors such as Asli Ri

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