Jakarta, 11th April 2022– PT Murni Solusindo Nusantara (PT Murni) and StarFIN Asia Sdn Bhd (StarFIN) – two prominent technology companies that specialize in developing advanced payment system solutions for the banking and financial industry – established a joint venture company in Indonesia called PT Murni Bintang International (MBI).
As technology continues to play an increasingly critical role in every aspect of business, there is a need to accelerate digital transformation and ensure the companies remain as the leader in their industry.
PT Murni, as a solution provider with more than 30 years of experience in developing various critical payment systems for the Central Bank and all major banks in Indonesia, always strive to innovate and pave the way for digital transformation in Indonesia.
StarFIN, as a market-leading company with a business presence in Malaysia, Myanmar, Philippines, Singapore, Pakistan, and other Asian countries, aims to expand their business further by entering the Indonesian market. As the 4th largest populated country (277 million) in the world, Indonesia has a huge potential market with over 100 banks, 1,000 non-bank financial institutions, and over 60 million SMEs.
Hence, with the establishment of this joint venture, MBI aims to expand the business into Indonesia and the global market by combining PT Murni and StarFIN expertises in digitalisation. Both the companies hope that this strategic partnership can add value and enhance their already popular and successfully-implemented solutions.
MBI for its first project has developed SMARTGATEWAY™ solution for BI-FAST payment transactions. SMARTGATEWAY™ is a ready-to-use application that connects Core Banking System (CBS) with the Central Bank BI-FAST system and requires zero to minimum modification on the internal system.
The next project for MBI is to enhance SMARTQUEUE® system, PT Murni’s customer experience solution, with e-KYC and signature verification system. This will be a game-changer for the customer experience improvement and digital onboarding process in Indonesia and the world. These solutions are expected to accelerate digital adoption and system transformation while maximizing security and providing benefits for all involved.
MBI will also introduce Robotics Process Automation (RPA) solution. This solution aims to speed up the SME adoption of Industry 4.0 by eliminating manual processes and minimizing human error with the utilizations of software robots.
This joint venture is also a part of PT Murni’s business expansion towards IPO and supported with digital solutions that PT Murni already has like the end-to-end customer experience solutions, AI-powered digital signage solutions, innovative self-service solutions, digital marketing services, and many more, PT Murni is committed to accelerate digital transformation for businesses across industries.
For more information, please contact us via e-mail at info@murni.co.id.
About PT Murni Solusindo Nusantara
PT Murni Solusindo Nusantara is an ICT-based solution provider company with ISO 9001:2015 certification. Established in 1992, we have successfully implemented various nationwide and critical projects at Bank Indonesia and other corporate companies across industries.
With proven expertise in introducing smarter and best-in-class IT solutions, we then become a Digital Business Transformation Center to help every business accelerate digital transformation while solving challenges and achieving continuous growth.
Our areas of specialty cover national payment systems, integrated cash management systems, end-to-end cheque processing systems, enterprise customer experience solutions, AI-powered digital signage, ergonomic solutions, and many more.
Supported by over 500 experienced staff and a nationwide service network, we become one of Indonesia’s most prominent ICT-based solution providers and system integrators.
About StarFIN Asia Sdn Bhd
StarFIN Asia Sdn Bhd (StarFIN) is the holding company for Insite MY Systems, Insite MY Innovations and OrangeFIN Asia that are all based in Malaysia.
Established in 2000, the main focus of StarFIN is to provide banking payment and regulatory payment solution. In 2018, OrangeFIN Asia was established to provide RPA solutions for the banking and SME industries.
StarFIN has presence in Malaysia, Singapore, Philippines, Thailand, Myanmar, India, Bangladesh and Pakistan.
Insite MY Systems provide banking related payment solutions such as: INCHEQS a complete solution for cheque truncation for Clearing house and banks); INGATEWAY a middleware payment solutions for RTGS, SWIFT, GIRO, FAST payments and settlement system;
Insite MY Innovations provide REGTECH flexible reporting. INREPORT is a web-based product for banks to provide regulatory reporting to central banks, insurance depository, FATCA and CRS. INREPORT also provide transaction reconciliation, VAT/GST reporting, risk management and credit reporting.
OrangeFIN Asia provides AI-cloud based RPA solutions that would replace all human mundane, repetitive, boring task in a computer or mobile phone.