UBS’ Top Tech Based Disruptive Stocks For 2030: Top 29 Stocks

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23. PT Bank Mandiri (Persero) Tbk (OTC:PPERY)

YTD Share Price Gain: 14.32%

PT Bank Mandiri (Persero) Tbk (OTC:PPERY) is an Indonesian bank with a global presence. It has operations in Indonesia, Singapore, Hong Kong, the UK, and other countries. The bank caters to the needs of retail customers and businesses, and it operates through Sharia and conventional banking channels. It’s a UBS fintetech disruption stock, which is unsurprising when we analyze PT Bank Mandiri (Persero) Tbk (OTC:PPERY)’s digital banking initiatives. It is a partner of Bozeman, Montana based data analytics company FICO (Fair Isaac) to use software to analyze more than 1.5 billion transactions and reduce fraud. Its Livin’ digital banking application offers users close to 90 features and had 20 million monthly users as of 2024 start. According to the bank, the application has the capacity to process up to 100,000 transactions per second. Indonesia’s central bank expects digital banking transactions to touch $4.5 trillion in 2024, making it unsurprising that PT Bank Mandiri (Persero) Tbk (OTC:PPERY) stands to capture quite a bit of this sizeable market.

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