Building the Future of Privacy-Preserving Fraud Intelligence in Indonesia

At this year’s Mobile World Congress 2026 in Barcelona, PryvX AB and PT Techno International Mandira (TIMCorp) announced a strategic alliance to bring a new generation of privacy-preserving fraud intelligence to Indonesia.

The goal is simple but critical: enable institutions to collaborate against fraud without exposing sensitive customer data.

As Indonesia’s digital economy expands rapidly, the financial ecosystem is facing a new reality fraud is becoming more networked, coordinated, and cross-institutional.

Yet the ability to collaborate remains constrained by privacy regulations and data protection laws.

This is the challenge PryvX and TIMCorp are working together to solve.

Indonesia’s Growing Fraud Challenge

Indonesia has seen remarkable digital growth over the past decade. Digital banking, fintech services, and e-commerce platforms have transformed how millions of people access financial services.

But with rapid digitization comes new vulnerabilities.

Financial institutions across the country are increasingly encountering:

• Account takeovers

• Synthetic identity fraud

• Mule account networks

• Cross-platform financial crime

  
  

Fraudsters often operate across multiple banks, fintechs, and digital platforms simultaneously, making it extremely difficult for a single institution to detect patterns in isolation.

At the same time, Indonesia’s regulatory framework rightly enforces strict privacy protections, including the Indonesia Personal Data Protection Law No. 22/2022 and financial sector regulations from Otoritas Jasa Keuangan such as POJK 3/2024.

While these laws are essential for protecting citizens, they also create a fundamental challenge:

How can institutions collaborate to detect fraud without sharing sensitive customer data?

A New Model: Privacy-Enhancing Technologies

The PryvX–TIMCorp collaboration introduces a new approach based on Privacy-Enhancing Technologies (PETs).

Rather than sharing raw data across organizations, institutions can collaborate by computing insights directly on encrypted or decentralized data.

The platform integrates several advanced technologies:

• Homomorphic Encryption – enabling algorithms to operate on encrypted data without decrypting it

• Federated Learning – allowing institutions to train shared models while keeping data locally

• Secure Multi-Party Computation – enabling joint risk analysis across organizations

• Zero-Knowledge Proofs – enabling verifiable compliance without exposing underlying data

This architecture enables banks, fintech companies, and public agencies to detect systemic fraud patterns while preserving strict privacy boundaries.

Combining Global Privacy Innovation with Local Cloud Expertise

The partnership brings together complementary strengths.

PryvX contributes its advanced Fraud Analytics Engine, designed specifically for privacy-preserving intelligence across industries.

TIMCorp provides deep expertise in cloud architecture, system integration, and AWS infrastructure deployment, ensuring the platform can scale securely across Indonesia’s financial ecosystem.

Together, the solution is orchestrated on Amazon Web Services, enabling real-time analytics, secure infrastructure, and regulatory compliance.

Why Collaborative Fraud Intelligence Matters

Fraud today rarely occurs within a single organization.

Attackers move across platforms, exploit identity loopholes, and leverage distributed networks of accounts.

Traditional detection systems built around isolated data silos are no longer enough.

Collaborative intelligence is becoming essential.

However, collaboration must be built on privacy, compliance, and trust.

That is precisely the problem PryvX and TIMCorp aim to address.

A Step Toward a More Resilient Digital Financial System

By combining global privacy technology innovation with local cloud integration expertise, the PryvX–TIMCorp alliance represents an important step toward strengthening Indonesia’s digital financial infrastructure.

The vision is clear:

A future where institutions can work together to stop fraud, while citizens’ personal data remains fully protected and compliant with national privacy laws.

As financial ecosystems become more interconnected, privacy-preserving collaboration will become a cornerstone of digital trust.

About PryvX

PryvX AB enables organizations to collaborate on their most sensitive data assets without exposing raw information. By leveraging Privacy-Enhancing Technologies, PryvX helps industries from telecom and finance to AI platforms—solve complex problems such as financial crime detection and secure data collaboration while remaining fully compliant with global privacy regulations.

About TIMCorp

PT Techno International Mandira (TIMCorp) is a cloud system integrator specializing in AWS infrastructure, application modernization, Data & AI analytics, and managed services.