{
    "success": true,
    "data": {
        "id": 1759560,
        "msgid": "wow-livin-by-mandiri-transactions-could-reach-13-million-a-day-1779531613",
        "date": "2026-05-23 13:20:03",
        "title": "Wow! Livin' by Mandiri Transactions Could Reach 13 Million a Day",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Banking",
        "summary": "Bank Mandiri's Livin' by Mandiri digital banking now records around 10 million transactions per day, with occasional peaks at 13 million, reflecting rapid growth in digital finance among Millennials and Gen Z. The bank emphasises the need for a balance between online and offline channels as it pursues credit growth above the industry average following a 17% rise in Q1 2026.",
        "content": "<p>Yogyakarta, CNBC Indonesia \u2014 PT Bank Mandiri (Persero) Tbk (BMRI)\nrevealed that the digital banking application Livin\u2019 by Mandiri now\nrecords around 10 million transactions per day as digital financial\nservices usage among the public increases, particularly among\nmillennials and Gen Z. Novita Widya Anggraini, Director of Finance &amp;\nStrategy at Bank Mandiri, said that on certain periods the daily Livin\u2019\ntransactions can even exceed 13 million transactions. \u201cThat means almost\n4.5 billion per year of accessing that Livin\u2019 application; it is\nimaginable if those transactions were still served offline, in\nbranches,\u201d Novita said at the Jogja Financial Festival (Finfest) 2026 in\nYogyakarta, on Friday (22 May 2026). According to her, the Livin\u2019\napplication has now become part of daily activities, ranging from online\ntransport payments, top-ups for electronic money, fund transfers, to\ntuition payments. Novita said the surge in digital transactions is\nlinked to the dominance of younger generations in national internet\nusage. Based on data held by Bank Mandiri, about 95% of daily activities\nof millennials and Gen Z have used the internet. In fact, around 93% of\nnational internet usage is currently dominated by millennials and Gen Z.\n\u201cThe digitalisation era has ultimately driven societal behaviour and the\nbanking business model itself,\u201d she said. Although digital transactions\nare rising rapidly, Bank Mandiri believes offline services are still\nneeded as some people still rely on cash transactions. Currently Bank\nMandiri serves around 39 million customers through more than 2,100\nbranches as well as the Livin\u2019 and Kopra digital platforms. Novita said\nthat the combination of online and offline networks is one of the\ngroup\u2019s main strengths to reach people across Indonesia. \u201cWith that\nstrength, we can also drive lending growth or economic growth that is\nabove industry average,\u201d she said. She noted that Bank Mandiri\u2019s credit\ngrowth in Q1 2026 reached around 17%, higher than the banking industry\naverage at about 9%. Looking ahead, Bank Mandiri says it will continue\nto strengthen digital capabilities, including system security, as\ncustomer transactions on digital banking platforms rise. \u201cWhen we talk\nabout digital, we must also talk about security,\u201d she concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/wow-livin-by-mandiri-transactions-could-reach-13-million-a-day-1779531613",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}