The development of collaborative model between fintech and bank in Indonesia

Abstract

This paper aims to explore any possibilities or any chance the happening collaborative and disruptive between financial technology (Fintech) and bank with the focus on Peer to Peer (P2P) model. We describe how financial innovations P2P model may have the possibility to disturb the financial system and analyze the collaborative model between bank and Fintech in Indonesia. The method of this study is literature review in which we combine the theoretical perspective, lesson learned from some countries and Indonesia's experience. We find that the collaboration model is feasible with some requirement.