Temasek Foundation and Indonesia To Develop Fintech Talents
Temasek Foundation International, Ngee Ann Polytechnic, and Indonesia’s Ministry of Research, Technology and Higher Education signed an agreement to exchange knowledge in the financial technology (FinTech) sphere.
Temasek Foundation International (TF INTL) and Ngee Ann Polytechnic (NP) has partnered with Indonesia’s Ministry of Research, Technology and Higher Education (MoRTHE) on Wednesday to deliver a new programme that encourages an exchange of knowledge among academia, industry partners and regulators in the financial technology (FinTech) sphere.
«The digital economy is disrupting work and indeed, lives. This means that educators need to collaborate to reinvent and update their skills to keep pace with industry developments,» said Benedict Cheong, chief executive of TF INTL in a press statement.
Educators To Benefit
This programme will enable educators from Indonesia and Singapore to exchange knowledge and develop new ways to train aspiring youths in financial technology, Cheong said.
«We hope to develop lecturers with high performance and good understanding in Financial Technology, to supply talent who can compete in the industry’s 4.0 era. This MoU will give a lot of benefits to Indonesia’s Higher Education, especially in universities and polytechnics in Indonesia,» said Ir. Paristiyanti Nurwardani, director of learning of MoRTHE.
Commitment
TF INTL has committed a grant of about S$523,000 for this cross-border programme, which will include experiential learning through lab crawls, hackathons, seminars and workshops.
The course participants will get to visit and network with FinTech developers and users to gain fresh insights into the emerging field, as well as take part in challenges that will inspire innovative applications for the financial sector.
Collaboration
Over the next three years, the three parties will collaborate to implement a FinTech learning programme for higher education providers in Indonesia. Some 180 academic leaders and faculty from Indonesian tertiary institutions will work towards developing FinTech curriculum and capability.
The programme will span over two runs, ending in 2020. The institutions confirmed for the first run include: Institute Teknologi Bandung (ITB), Politeknik Negeri Jakarta (PNJ), Universitas Indonesia (UI), Universitas Pendidikan Indonesia (UPI), Universitas Padjadjaran (UNPAD) and Univeristas Airlingga (UNAIR).
