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Asian institute for digital finance to start operations in Singapore by end-2020

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THE Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS) will jointly set up a research institute that supports the needs of digital financial services in Asia. Read more at The Business Times.

Through the education programme, AIDF will build the fintech leadership pipeline for Singapore and the wider region, according to the statement.

The institute will also develop financial services to meet sustainability and resiliency needs in focus areas such as digital assets and ledger technology, artificial intelligence and machine learning, digital finance platforms, green finance technology and next-generation financial services on 5G networks.

MAS managing director Ravi Menon said:"Located in the heart of the fastest-growing digital finance market in the world, the institute will facilitate the expansion of knowledge and skills among fintech leaders in the region and support the digitalisation of economies in Asean and beyond."

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