Fidelity Investments on Friday named technology executive Steve Neff to run its big asset management division, a move that shows the growing importance of data systems for fund companies. Source: Reuters
There are several elements to the Intrajasa remittance network, split between the Intrajasa network and the partner side.
On our side we provide the link between Intrajasa via a Leased Line to our Partner bank. Form there switches takes the money to 90 Indonesian banks and the end user claims their money via cashout at via one of 70,000 available ATMS.
Some of our IntraPartners have their own switch and server, in which case we link their switch to Intrajasa. In the event of a partner not having the necessary technology to do that we can provide the network on their behalf.
Payment is made through terminal or mobile application through using an Intrapay interface.