Bank in Indonesia Uses Local Web Technology

Bank Papan became the first bank in Indonesia to offer online home banking services to its customers, using technology developed by Digital Insight in Camarillo.

The site, www.bankpapan.com, is the first Indonesian Web site with transactional features. Papan is the first international banking customer for Digital Insight.

Customers using Bank Papan Online Banking will be able to make balance inquiries, view their transaction history for the previous 60 days, transfer money between checking and savings accounts and make payments to their Bank Papan VISA or mortgage accounts.

Bank Papan has about 100,000 customers who use the Internet, Digital Insight officials said. Several other private banks in Indonesia are in the process of introducing transactional capabilities on the Internet.

Digital Insight develops real-time, Internet-based transaction services for financial institutions.