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Home Business

Bank Jago and Google Cloud Collaborate to Drive AI-powered Banking in Indonesia

News Desk by News Desk
December 18, 2024
Bank Jago Google Cloud

PT Bank Jago Tbk (Bank Jago), a tech-based bank in Indonesia, and Google Cloud announced a new, multi-year strategic collaboration to supercharge the bank’s future innovation strategy.

Under this collaboration, Bank Jago and DKatalis, its technology solutions partner, will utilize Google Cloud’s BigQuery and Vertex AI platforms to elevate the customer banking experience, create internal efficiencies, and drive tangible business returns.

Arief Harris, President Director of Bank Jago, said: “As a tech-based bank, Bank Jago aspires to enhance the growth of millions through life-centric digital financial solutions powered by the latest cloud, data, and AI innovations. Since 2021, we’ve been utilizing Google Cloud’s in-country infrastructure and industry-leading services to make banking more accessible and convenient for everyone.”

As of the third quarter of 2024, Bank Jago is serving more than 14 million customers. Google Cloud’s secure-by-design infrastructure has enabled Bank Jago to dynamically scale its capacity to serve its expanding digital ecosystem, fueling the bank’s substantial and sustained growth.

Also Read: HCLTech partners with Google Cloud to offer AI-led MDR solutions to global enterprises

Kharim Siregar, Chief Executive Officer of DKatalis, added: “Bank Jago and DKatalis have doubled-down on our collaboration with Google Cloud,  and this is enabling our teams to quickly and securely translate their ideas into innovative solutions. In line with Bank Jago’s aspirations, we’re committed to infusing the latest and most relevant technologies into our digital products and services, to deliver even more personalized and intuitive experiences to customers.”

Bank Jago’s new collaboration with Google Cloud allows it to harness the power of generative AI (gen AI) through Vertex AI, seamlessly integrated with BigQuery’s data analytics capabilities. This enables the bank to continuously deliver innovative products, services, and features that address its customers’ evolving needs and expectations.

Mark Micallef, Managing Director, Southeast Asia of Google Cloud, said: “Through its initial collaboration with Google Cloud, Bank Jago has implemented an asset-light, app-based business model to capture the growing demand for digital financial services in Indonesia and drive its positive growth trajectory. Under our new collaboration, it is embracing a platform-based approach to rapidly and responsibly bring enterprise-grade gen AI solutions to market.”

“We believe that these solutions will empower the teams at Bank Jago and DKatalis to deliver high-quality customer engagements across all touchpoints and provide customers with more personalized guidance to make informed decisions. Together with Bank Jago, we’re shaping an AI-enabled banking future, where every individual can access trusted solutions to help them achieve their financial goals,” added Micallef.

News Desk

News Desk

by CXO VOICE team members, [email protected]

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