Tarsus Indonesia Launches Indonesia Fintech Show 2018
March 5, 2018
Tarsus Indonesia, a subsidiary of U.K.-based Tarsus Group, an international business-to-business media group with interests in exhibitions, conferences, education, publishing and online media, announced the launch of Indonesia Fintech Show 2018 (IFS 2018), scheduled for Dec. 5-7, 2018, at the Jakarta Convention Center (JCC).
The show is organized in support of the continual development of Indonesia's financial technology sector through 4 main components in the event:
1) Trade exhibition – a showcase by leading vendors of cutting-edge Fintech solutions, applications, products and services
2) High level conference – a forum to address current issues and challenges impacting the Indonesia Fintech industry
3) Technology Live! seminar – live technology demonstration by leading vendors of Fintech
4) Start-up village – a showcase of Indonesian Fintech start-ups
"IFS 2018 offers a platform for joint-ventures, collaborations, connections and co-creations within the Fintech ecosystems in Indonesia, while providing new business and investment opportunities for the financial services industry in the country,” said Cheah Wai Hong, Portfolio Director of IFS 2018. “Our objective is to develop the Indonesia Fintech Show to be the Fintech Sourcing Hub for the financial services industry in Indonesia.”.
Technology has fundamentally transformed the financial services industry. Fintech is any financial transaction that uses technology, for example, the way payments are processed, wealth is managed and investments are made and also the way finances are handled in-house at a company and in business-to-business transactions.
Financial services companies are trying to position themselves to benefit from the rise of this digital and new “connected” reality.
The growth of Fintech in Indonesia is very much in line with the government’s 2020 Go Digital Vision digital economy push, which has the objective of making Indonesia the largest digital economy by 2020 in ASEAN.
Banks in Indonesia have recognized the need to adapt to the digital revolution, meet growing consumer expectations and maintain their current market position. For now, adoption of Fintech is a way for financial services companies like banks to differentiate their services, but eventually Fintech is expected to be a ‘given’ for these companies.
IFS 2018 will be co-located Dec. 5-7 with the already established Cyber Security Indonesia (CSI) 2018 at the Jakarta Convention Centre.
“This is a synergistic co-location as security is a big issue in Fintech. In addition, CSI 2018 offers a captive audience of financial services companies attending its Cyber Security Indonesia 2018 conference,” Cheah said.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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