On May 21, 2024, a Practitioner Lecture took place at Trunojoyo University Madura, with the theme “Policies and Recent Developments in Payment Systems in Indonesia”. The speaker was Siti Senorita Pritaningrum, a practitioner from the East Java Representative Office of Bank Indonesia. This lecture was attended by students of Monetary Economics and Bank Centrality Studies from the Development Economics Study Program, Department of Economics, FEB Trunojoyo Madura University. Monetary banking expert lecturers, Dr. Diah Wahyuningsih and Dr. Ris Yuwono Yudho Nugroho, also attended as observers.

In her lecture, Siti Senorita Pritaningrum discussed the development of payment systems in Indonesia, including policies and technological innovations that affect the financial sector. She explained that technological developments have brought Indonesia into the digitalization era, which requires regulatory changes to provide security and certainty in digital financial transactions.

Pritaningrum also discussed Bank Indonesia’s role in developing payment system infrastructure, including the use of Real Time Gross Settlement (BI-RTGS) technology, the Bank Indonesia National Clearing System (SKNBI), and the Bank Indonesia Scripless Securities Settlement System (BI-SSSS). He emphasized that Bank Indonesia continues to improve and update the existing system mechanism so that it is always efficient, safe, and in line with technological developments and the ever-evolving needs of the community.

The lecture is expected to enhance students’ knowledge and insights on payment system policies and developments in Indonesia, as well as prepare them to contribute to the development of a more stable and effective financial sector in the future.