Javascript must be enabled to continue!
Personal Data Protection Violations By Fintech Lending in Indonesia
View through CrossRef
The development of increasingly modern technology has changed the pattern of human behavior and work methods, which were initially conventional and then digitalized, one of which is marked by the presence of financial technology (fintech) lending. The rise of fintech lending development also has a negative impact, one of which is in terms of processing the personal data of fintech lending users. Hence, the Financial Services Authority formed POJK 10/2022. In connection with this, the PDP Law has also come into force in Indonesia. This paper aims to look at personal data protection violations by fintech lending, considering that two institutions have the authority to handle these violations. The method used is doctrinal legal research. The approach used is the statute approach. The results showed that to supervise fintech lending, it is necessary to classify its position first. If fintech lending is an LPBBTI organizer, it is supervised by OJK. Meanwhile, if fintech lending is the controller of personal data, it is supervised by the PDP Authority. As for reports or complaints of allegations and/or violations of personal data protection committed by fintech lending; examination and investigation of complaints of alleged violations of personal data protection; and imposition of administrative sanctions for violations of personal data protection by fintech lending are the authority of the PDP Authority, not OJK.
Yayasan Dharma Indonesia Tercinta (Dinasti)
Title: Personal Data Protection Violations By Fintech Lending in Indonesia
Description:
The development of increasingly modern technology has changed the pattern of human behavior and work methods, which were initially conventional and then digitalized, one of which is marked by the presence of financial technology (fintech) lending.
The rise of fintech lending development also has a negative impact, one of which is in terms of processing the personal data of fintech lending users.
Hence, the Financial Services Authority formed POJK 10/2022.
In connection with this, the PDP Law has also come into force in Indonesia.
This paper aims to look at personal data protection violations by fintech lending, considering that two institutions have the authority to handle these violations.
The method used is doctrinal legal research.
The approach used is the statute approach.
The results showed that to supervise fintech lending, it is necessary to classify its position first.
If fintech lending is an LPBBTI organizer, it is supervised by OJK.
Meanwhile, if fintech lending is the controller of personal data, it is supervised by the PDP Authority.
As for reports or complaints of allegations and/or violations of personal data protection committed by fintech lending; examination and investigation of complaints of alleged violations of personal data protection; and imposition of administrative sanctions for violations of personal data protection by fintech lending are the authority of the PDP Authority, not OJK.
Related Results
Pengaruh Perkembangan Fintech Syariah terhadap Pangsa Pasar Bank Syariah di Indonesia
Pengaruh Perkembangan Fintech Syariah terhadap Pangsa Pasar Bank Syariah di Indonesia
Abstract. The rapid development of Islamic fintech in Indonesia since 2016 has created new dynamics in the Islamic financial industry. This study aims to analyze the impact of Isla...
Optimalisasi Peran Fintech P2P Lending Syariah Dalam Memberikan Layanan Pembiayaan Kepada Masyarakat Unbankable
Optimalisasi Peran Fintech P2P Lending Syariah Dalam Memberikan Layanan Pembiayaan Kepada Masyarakat Unbankable
Penelitian ini bertujuan untuk menganalisis optimalisasi peran Teknologi Finansial Peer to Peer Lending Syariah dalam Memberikan Layanan Keuangan bagi masyarakat unbankable. Salah ...
Service Excellent Bagi Fintech Syariah di Tengah Kondisi Covid-19
Service Excellent Bagi Fintech Syariah di Tengah Kondisi Covid-19
Telah hadir financial Technologhy (fintech syariah) akses keuangan dengan memafaatkan teknologi, sesuai prinsip syariah. Fintech syariah masih terbilang baru, sehingga peluang untu...
Dampak Fintech Illegal dan Penegakan Hukumnya di Indonesia
Dampak Fintech Illegal dan Penegakan Hukumnya di Indonesia
Fintech, short for financial technology, has brought significant changes to the way we conduct financial transactions, access financial services, and manage personal finances. Howe...
Dampak Fintech Illegal dan Penegakan Hukumnya di Indonesia
Dampak Fintech Illegal dan Penegakan Hukumnya di Indonesia
Fintech, singkatan dari teknologi keuangan, telah membawa perubahan signifikan dalam cara kita melakukan transaksi keuangan, mengakses layanan keuangan, dan mengelola keuangan prib...
Fintech peer to peer lending as a financing alternative for the development MSMEs in Indonesia
Fintech peer to peer lending as a financing alternative for the development MSMEs in Indonesia
The main problem faced by Micro, Small and Medium Enterprises (MSMEs) actors is limited access to finance. The presence of Fintech Peer to Peer Lending companies in Indonesia is th...
Do stock prices deviate from their fundamental values during and after COVID-19? Evidence from Fintech firms
Do stock prices deviate from their fundamental values during and after COVID-19? Evidence from Fintech firms
Purpose
This study aims at investigating the nexus between stock misvaluation, Fintech and COVID-19 via identifying the firm-level misvaluation of Fintech firms, and additionally e...
The Impact of FinTech on Environmental Degradation: An Empirical Evidence from APEC Economies
The Impact of FinTech on Environmental Degradation: An Empirical Evidence from APEC Economies
Purpose: Fintech innovation is booming in the Asia-Pacific Economic Cooperation region, with established players and emerging start-ups like launching new products and services. Th...

