OJK Socializes Fintech Through Teaching Regulatory Program

id Ojk Socialize Fintech Through Teaching Regulatory Program

OJK Socializes Fintech Through Teaching Regulatory Program

OJK. (Antara)

Padang, (Antara Sumbar) - Financial Services Authority (OJK) socializes the development of financial technology (Fintech) to hundreds of students at Andalas University (Unand) Padang through a teaching regulatory program.

"The teaching regulatory program is a contribution of OJK managed by the OJK Institute to develop human resources in universities and improve financial competence, Commissioner of OJK Nurhaida stated in Padang on Thursday when opening the activities at Unand.

According to her, the development of financial services sector today is very rapidly especially with the digital era so it needs to be widely disseminated.

"On the one side, we continue to encourage innovation in the field of financial technology, but on the other hand it still must be closely monitored in order to provide protection to the consumer sector," she said.

Meanwhile, Deputy Commissioner of OJK Institute, Volunteers Batunanggar suggested OJK as the regulator will continue to understand and observe the perpetrators of Fintech both individually and community.

"Then, after mapping the industry, OJK will make the policy continued by formulating technical regulations," he said.

He conveyed the potential development of fintech in the regions have a great opportunity especially in the area of financial inclusion level which is still low so this is a potential that can be worked on.

"The presence of fintech company can also encourage the financial inflation rate in Indonesia to be better," he said.

He hopes that in the future people can have access to financial services and increase funding in the community.

"It is an opportunity for beginners and existing financial institutions to update their technology and business model," he said. (cha)

Editor: Vicha Faradika