Proceedings of the 2nd International Conference on Business, Accounting, Banking, and Economics (ICBABE 2025)

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Innovative Credit Scoring Regulation in Indonesia: too Little, too Late?

Authors
Taofik Hidajat1, *, Andy Ismail2
1Universitas BPD, Semarang City, Central Java, Indonesia
2Darwan Ali University Sampit, Central Kalimantan, Indonesia
*Corresponding author. Email: inidotcom@yahoo.com
Corresponding Author
Taofik Hidajat
Available Online 27 October 2025.
DOI
10.2991/978-94-6463-862-2_4How to use a DOI?
Keywords
innovative credit scoring; credit scoring; regulatory sandbox; self-regulation; machine learning
Abstract

Design/methodology/approach – This paper uses a qualitative approach by analyzing credit scoring regulations in Indonesia. Data sources are primary legal material in the form of statutory regulations and secondary legal material in the form of literature from scientific journal articles, books, and other sources related to credit scoring.

Purpose – Innovative credit scoring is a solution for scoring potential borrowers who have no credit history. This paper examines the regulatory issue of innovative credit scoring because there are no regulations that specifically regulate this approach in Indonesia.

Findings – There are no regulations that specifically regulate innovative credit scoring in Indonesia.

Practical implications - This paper emphasizes the importance of special regulations for innovative credit scoring involving the banking industry, society, business actors, and innovative credit scoring actors.

Originality/value – Discussions about innovative credit scoring are relevant today because approaches that use non-traditional data are interesting in credit scoring. This investigation helps illustrate attention to the importance of alternative credit scoring.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Conference on Business, Accounting, Banking, and Economics (ICBABE 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
27 October 2025
ISBN
978-94-6463-862-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-862-2_4How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Taofik Hidajat
AU  - Andy Ismail
PY  - 2025
DA  - 2025/10/27
TI  - Innovative Credit Scoring Regulation in Indonesia: too Little, too Late?
BT  - Proceedings of the 2nd International Conference on Business, Accounting, Banking, and Economics (ICBABE 2025)
PB  - Atlantis Press
SP  - 26
EP  - 37
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-862-2_4
DO  - 10.2991/978-94-6463-862-2_4
ID  - Hidajat2025
ER  -