The Centric Digital Benchmark

Many Financial Institutions are once again subject to HMDA reporting. Senior Compliance Consultant Shelly Nicholl provides guidance to assist those FI’s in clearing up the confusion on reporting construction loans to builders for spec homes.

As digital transformation continues to reshape the banking industry, Indonesia has seen a dramatic increase in digital banking adoption. According to McKinsey’s Personal Financial Services 2021 survey, about 78% of Indonesian customers now use digital banking actively, a significant increase from 57% in 2017.