WIDTH Partners with Nawadata to Bring AI Compliance Tech to Indonesian Banks
Singapore-based regtech firm WIDTH has partnered with Indonesian solution provider Nawadata to strengthen fraud prevention, risk management and regulatory compliance in the national banking sector.
WIDTH, a Singapore-based regtech provider specializing in digital onboarding, KYC and KYB verification, screening, transaction monitoring and fraud detection, has announced a partnership with Indonesian solution provider Nawadata to strengthen fraud prevention, risk management and regulatory compliance in the country's banking sector. Nawadata, whose offerings include OneReporting for regulatory reporting, OneFCC for financial crime compliance and OneRisk, claims to serve four of Indonesia's ten largest banks, though this is a vendor-reported figure.
The combined proposition pairs WIDTH's unified platform — including an "AI Reviewer" feature that attaches supporting evidence to each compliance recommendation and a "Graph Intelligence" capability for mapping relationships between customers, companies and related parties — with Nawadata's local distribution, implementation capacity and regulatory reporting solutions. WIDTH CEO Chye Kit Chionh said the partnership aims to help financial institutions meet their reporting obligations to Indonesia's Financial Services Authority (OJK) and central bank (BI). Both parties emphasized that final compliance decisions remain with the bank's compliance team.