Pengaruh Open Banking berbasis Open API terhadap Eksistensi Perbankan

Masculine Muhammad Muqorobin(1*), Ayu Anggraini(2), Ayu Dwi Rahmawati(3), Diana Yohanes(4), Faricha Dzakia Ifkarina(5)


(1) Universitas Negeri Malang
(2) Universitas Negeri Malang
(3) Universitas Negeri Malang
(4) Universitas Negeri Malang
(5) Universitas Negeri Malang
(*) Corresponding Author

Abstract


Open Banking is a system that provides financial institution network data to users through an API (application programming interface). Open API gives API providers the right or ability to provide consumer data access to API users with consumer consent. This study aims to determine the readiness of banks in Indonesia to implement Open Banking based on Open API. The method used is a qualitative phenomenological approach by collecting various data, analyzing, and describing the results of the analysis. The results of this study indicate that Indonesia can implement Open Banking based on the Open API by conducting an assessment of countries that have implemented it such as the UK, in order to encourage digital progress in the Banking industry so as to create connectivity between banks and Payment System Service Providers (PJSP) through open Banking.

Keywords


Open API, Open Banking, Pembayaran Perbankan

Full Text:

PDF

References


Adinegoro, A., & Winengko, M. (2020). To Close or Not to Close : Assessing the Impact of Open API to the Bank Performance in Indonesia. Buletin Riset Kebijakan Perbankan, 2(1), 91–113.

Almehrej, A., Freitas, L., & Modesti, P. (2020). Security Analysis of the Open Banking Account and Transaction API Protocol. http://arxiv.org/abs/2003.12776

Anderson, C. (2020). Not the same: Open Banking, Open APIs and Banking as a Service. BBVA. Retrieved August 8, 2021, from https://www.bbva.com/en/not-the-same-open-banking-open-apis-and-banking-as-a-service/

Batunanggar, S. (2019). Fintech Development and Asian Development Bank Institute. ADBI Working Paper Series FINTECH, 1014.

Clark, S. (2020). India’s Icici Bank launches open banking portal. NFCW. Retrieved August 8, 2021, from https://www.nfcw.com/2020/01/15/365470/indias-icici-bank-launches-open-banking-portal/

Daniel Jacobson, Greg Brail, D. W. (2012). APIs: A Strategy Guide: Creating Channels with Application Programming Interfaces (D. M. T. Fauxsmith (ed.); Mary Trese). O’Reilly. Retrieved August 8, 2021, from http://oreilly.com/catalog/errata.csp?isbn=9781449308926

DBS. (2017). Reimagining banking, DBS launches world’s largest banking API developer platform. DBS. Retrieved August 8, 2021, from https://www.dbs.com/newsroom/Reimagining_banking_DBS_launches_worlds_largest_banking_API_developer_platform

Deloitte. (2017). Open banking, open risk? Managing financial crime in a disrupted world. https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/financial-services/deloitte-uk-financial-crisis-open-banking-report-2017.pdf

Frost, J. (2020). The economic forces driving fintech adoption across countries. The Technological Revolution in Financial Services: How Banks, FinTechs, and Customers Win Together, 838, 70–89. https://doi.org/10.2139/ssrn.3515326

Hadad, S. (2013). Challenges for Banking Services in the Knowledge Economy. Management Dynamics in the Knowledge Economy, 7(3), 337–352. https://doi.org/10.25019/mdke/7.3.04

Hajaroh, M. (2010). Paradigma, Pendekatandan Metode Penelitian Fenomenologi. Jurnal Pendidikan Universitas Negeri Yogyakarta, 1–21.

Hutauruk, D. M. (2020). Manfaatkan fitur API, transaksi open banking terus meningkat. Kontan.Co.Id. Retrieved August 8, 2021, from https://keuangan.kontan.co.id/news/manfaatkan-fitur-api-transaksi-open-banking-terus-meningkat

Bank Indonesia. (2020). Standar Open API dan Interlink Bank Dengan Fintech Bagi Penyelenggara Jasa Sistem Pembayaran. Consultative Paper Bank Indonesia. https://www.bi.go.id/id/publikasi/ruang-media/news-release/Documents/20200401-Consultative-Paper-Standar-Open-API-dan-Interlink-Bank.pdf

Omarini, A. E. (2018). Banks and Fintechs: How to Develop a Digital Open Banking Approach for the Bank’s Future. International Business Research, 11(9), 23. https://doi.org/10.5539/ibr.v11n9p23

Pandy, S. (2020). Developments in Open Banking and APIs: Where Does the U.S. Stand? Working Paper Series (Federal Reserve Bank of Boston), 1–2. http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=142731080&site=ehost-live

Panggabean, G. (2021). Open Banking di Indonesia : Pengertian, Kondisi dan Potensi. Duniafintech.Com. Retrieved August 8, 2021, from https://duniafintech.com/open-banking-di-indonesia-pengertian-kondisi-dan-potensi/

Raco, J. R. (2018). Metode penelitian kualitatif: jenis, karakteristik dan keunggulannya (A. L (ed.)). PT Gramedia Widiasarana Indonesia. https://doi.org/10.31219/osf.io/mfzuj

Rothwell, G. (2018). The brave new world of Open Banking in APAC: Singapore. Accenture. Retrieved August 8, 2021, from https://bankingblog.accenture.com/brave-new-world-open-banking-apac-singapore

Sharif Nijim, B. P. (2014). APIs for Dummies. John Wiley & Sons, Inc.

Shevlin, R. (2020). Plaid Launches API Exchange To Accelerate Open Banking And Digital Transformation. Forbes. Retrieved August 8, 2021, from https://www.forbes.com/sites/ronshevlin/2020/05/19/visas-plaid-launches-api-exchange-to-accelerate-open-banking-and-digital-transformation/?sh=dfd237e2b379

Small, K. L. (2019). Brazilian banks launch APIs, Openbanking strategies. Iupana. Retrieved August 8, 2021, from https://iupana.com/2019/10/21/brazilian-banks-launch-apis-open-banking-strategies/?lang=en

Subianto & Wake, D. (2019). Indonesia’s Fintech Lending: Driving Economic Growth Through Financial Inclusion. PwC Indonesia - Fintech Series, 24. https://www.pwc.com/id/en/fintech/PwC_FintechLendingThoughtLeadership_ExecutiveSummary.pdf

Walker, P., & Evans, S. (2017). How banks can create value from the rise of the Open API economy in financial services. 26. https://www.cgi.com/sites/default/files/SIBOS2016/open_apis_banking_paper.pdf

Wang, H., Ma, S., Dai, H. N., Imran, M., & Wang, T. (2020). Blockchain-based data privacy management with Nudge theory in open banking. Future Generation Computer Systems, 110(October), 812–823. https://doi.org/10.1016/j.future.2019.09.010

Wijaya, K. (2019). Selamat Datang Era Open Banking. https://lppi.or.id/site/assets/files/1574/krisna_wijaya_-_open_banking.pdf

Xia, H., & Chunsom, N. (2018). Third-Party Payments Impact on Commercial Banks’ Non-Interest Income: Evidence from China. International Journal of Economics and Finance, 10(8), 190. https://doi.org/10.5539/ijef.v10n8p190

Zachariadis, M., & Ozcan, P. (2017). The API Economy and Digital Transformation in Financial Services: The Case of Open Banking. SSRN Electronic Journal, June. https://doi.org/10.2139/ssrn.2975199


Article Metrics

Abstract view : 291 times
PDF - 0 times

DOI: https://doi.org/10.26714/mki.11.2.2021.%25p

Refbacks

  • There are currently no refbacks.


 -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang 
ISSN 2087-2836 (print) | ISSN 2580-9482 (online)
Organized by Department of Accounting, Faculty of Economics, Universitas Muhammadiyah Semarang, Semarang, Indonesia
Published by Program Studi Akuntansi Universitas Muhammadiyah Semarang
W : https://jurnal.unimus.ac.id/index.php/MAX
E : maksimum@unimus.ac.id, nurcahyo@unimus.ac.id

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.