research-article

Appraising Personal Data Protection in Startup Companies in Financial Technology: A Case Study of ABC Corp

Authors:

Muhamad Fahru Rozi,

Yudho Giri Sucahyo,

Yova RuldeviyaniAuthors Info & Claims

APIT '20: Proceedings of the 2020 2nd Asia Pacific Information Technology Conference

Pages 9 - 15

https://doi.org/10.1145/3379310.3379322

Published: 29 March 2020 Publication History

Abstract

Financial Technology (fintech) has been immerged extensively in the last decade. In the realm of disruptive world, there are many areas in which startup companies are developing their business. There is always contradiction when dealing with innovation as core of digital disruption and how privacy remains as hot issues at the edge of everybody's talks. Internet plays important roles to sustain the trends. As rapidly growing country, 68% of Indonesian has access to the Internet. It drives startup companies on financial technology to innovate more and besides that they must comply to regulation in regard with personal data protection. This research aims to appraise how startup company on financial technology protect users' personal data. Personal data protection principles from international organization and Indonesian regulation regarding personal data protection are used to appraise how ABC Corp as a startup company that deliver financial technology service in Indonesian society. To ensure that its service is qualified and trustable, ABC Corp should be appraised using relevant criteria and qualitative approach. The results showed that most of regulations from sectorial supervising agency have been adhered by ABC Corp. The results bring meaningful insight to improve performance on personal data protection. They can became lessons for similar emerging startup companies in financial technology when acquiring their qualifications to protect users' personal data and keep their sustainability.

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Cited By

Razia BAwwad B(2023)Review of Financial Technology Applications and Their Related AspectsFrom Industry 4.0 to Industry 5.010.1007/978-3-031-28314-7_76(893-902)Online publication date: 1-Aug-2023
https://doi.org/10.1007/978-3-031-28314-7_76
Nasir AShaukat KIqbal Khan KA. Hameed IAlam TLuo S(2021)Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric StudyApplied Sciences10.3390/app11211035311:21(10353)Online publication date: 4-Nov-2021
https://doi.org/10.3390/app112110353

Index Terms

Appraising Personal Data Protection in Startup Companies in Financial Technology: A Case Study of ABC Corp
1. Security and privacy
  1. Human and societal aspects of security and privacy
    1. Privacy protections

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APIT '20: Proceedings of the 2020 2nd Asia Pacific Information Technology Conference

January 2020

185 pages

ISBN:9781450376853

DOI:10.1145/3379310

Copyright © 2020 ACM.

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Published: 29 March 2020

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APIT 2020: 2020 2nd Asia Pacific Information Technology Conference

January 17 - 19, 2020

Bali Island, Indonesia

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Cited By

Razia BAwwad B(2023)Review of Financial Technology Applications and Their Related AspectsFrom Industry 4.0 to Industry 5.010.1007/978-3-031-28314-7_76(893-902)Online publication date: 1-Aug-2023
https://doi.org/10.1007/978-3-031-28314-7_76
Nasir AShaukat KIqbal Khan KA. Hameed IAlam TLuo S(2021)Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric StudyApplied Sciences10.3390/app11211035311:21(10353)Online publication date: 4-Nov-2021
https://doi.org/10.3390/app112110353

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