Refinitiv Supports Compliance with Anti-Money Laundering and Regulations in Indonesia�s Fast-Growing Digital Economy

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JAKARTA,
INDONESIA -�Media OutReach�- 8 July, 2019 - OVO, Indonesia's leading digital payments
platform, has selected Refinitiv's World-Check to support its
Know-Your-Customer (KYC) and Anti-Money Laundering (AML) procedures to minimize
its exposure to financial crime risks. This partnership comes at a time when
OVO looks to continue the expansion of its business and to drive financial
inclusion across the country.

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With Indonesia's push to build an
inclusive digital economy and financial ecosystem, financial technology
services such as OVO play an integral role in defining industry standards and
enhancing measures to fight against financial crime.�

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According to
Refinitiv's annual financial crime report 2019, three-quarters of Asia Pacific
organizations have been affected by financial crime over the past 12 months,
leading to 60% of these businesses adopting new technologies to combat the
issue.

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World-Check
is a highly structured database of intelligence on heightened risk individuals
and organizations. Widely adopted by financial services companies, it supports
the KYC and Third-Party Risk due diligence process and helps uncover risks
associated with sanctions, organized crime, fraud, money laundering, bribery
and corruption, as well as modern day slavery and country risk.

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Phil Cotter, Managing Director of the Risk business at
Refinitiv ,
said, "We are delighted to support Ovo in its journey to becoming Indonesia's
primary payment method with our trusted intelligence. As we continue to fight
the uphill battle against financial crime, our World-Check offering meets the
crucial KYC and third-party screening needs for OVO to serve Indonesian
consumers, as well as the regulatory obligations as it grows its business."

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Harianto Gunawan ,
Director at OVO , said,
"OVO's adoption of World-Check highlights our continued commitment to building
a robust security infrastructure to support Indonesia's vision for a
future-proof and digital economy. It also ensures that we remain vigilant in
countering financial crime, which is critical to the success and future of our
business. As Indonesia's digital economy continues on its path to growth, OVO
will continuously evolve and adapt to anticipate our customer's needs, while
maintaining industry leading security standards."

For complete information on World-Check, please
visit here.

About World-Check

World-Check is a
risk intelligence database which helps organisations across the world meet
their regulatory obligations, make informed decisions and help prevent them
from inadvertently being used to launder the proceeds of financial crime or
association with corrupt business practices. The database is managed by a team
of over 400 highly trained analysts, speaking more than 65 languages, who
monitor more than 600 sanctions, regulatory and law enforcement lists and
thousands of media sources, as well as company information and regulatory
filings, to ensure World-Check's data is accurate and up-to-date. The
information in World-Check is made available on a subscription basis only to
those who require it to carry out due diligence or other screening activities
in accordance with their legal or regulatory obligations or risk management
procedures designed to combat financial crime. For complete information on
World-Check, please visit here.

About OVO

OVO is the leading digital payment, rewards and financial services platform in
Indonesia. Now, OVO is present in 115 million devices and can be used to access
payments, transfers, top up, withdrawals, and lending, as well as asset and
investment management. OVO is accepted in more than 300 cities in Indonesia and
we are committed to building the largest financial payment and technology
company in Indonesia.

About Refinitiv

Refinitiv is one of the world's largest providers of financial markets data and
infrastructure, serving over 40,000 institutions in over 190 countries. It
provides leading data and insights, trading platforms, and open data and
technology platforms that connect a thriving global financial markets community
- driving performance in trading, investment, wealth management, regulatory
compliance, market data management, enterprise risk and fighting financial
crime. For more information, visit: www.refinitiv.com