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Indonesia, Vietnam tie up on digital remittance system

Jakarta (ANTARA) – Indonesia’s Islamic Mass Organizations Friendship Institution (LPOI) and Vietnam-based Alliex have signed an agreement to strengthen trust in cross-border digital remittances, targeting safer and more transparent financial services for migrant workers, officials said Friday.The memorandum of understanding was signed at Miidera Temple in Japan, marking a step toward improving governance, transparency and security in digital financial ecosystems.“This collaboration underscores the importance of transparency, fairness and trust in building a sustainable financial system accepted internationally,” LPOI Chairman Said Aqil Siroj said in a statement issued in Jakarta.He said the partnership, unveiled during the Sakuranesia Friend-Ship Dialogue 2026, aims to enhance the efficiency and security of money transfers while improving the reliability of technology-driven systems through real-time transaction monitoring.Alliex, an international payment infrastructure and financial data provider based in Vietnam, said the cooperation would deepen integration between remittance services and digital financial technology across Asia.The company added that the partnership is expected to open broader collaboration opportunities with financial institutions in Indonesia and the wider region.The agreement was signed on the sidelines of the “Weaving the Harmony of Civilizations” forum, part of the Sakuranesia Friend-Ship Dialogue 2026 series, which highlighted the role of technology and shared values in strengthening global systems.Under the deal, both parties will develop strategic programs to expand digital remittance infrastructure, improve transaction transparency and build adaptive financial systems suited to evolving global demands.The initiative is also expected to support Indonesia’s efforts to strengthen its position in international financial integration.Said Aqil noted that Alliex brings experience from partnerships with eight banks across Asia, including in Japan, South Korea and Vietnam, demonstrating its operational capacity in handling cross-border transactions.The collaboration comes as demand for faster, more secure remittance channels rises, particularly among migrant workers who rely on efficient financial services to send funds home.Officials said the partnership reflects growing regional cooperation in leveraging financial technology to improve inclusion and strengthen confidence in digital payment systems.