Digital

CoinSwitch Kuber’s CEO Foresees Positive Regulatory Changes for Digital Innovations in India

Ashish Singhal of CoinSwitch Kuber expresses optimism regarding India’s evolving regulatory landscape for innovation in the digital ecosystem. He further discussed efforts to educate beginners and promote financial literacy, the interest of businesses in leveraging blockchain technology, recommendations to regulatory authorities, and navigating the regulatory landscape while respecting the framework.

Enhancing Financial Literacy in the Digital Era

AS we navigate through the complexities of our daily lives, it is essential to have a good understanding of accounting and financial literacy. These concepts enable us to make informed decisions about our finances and investments, which is crucial for individuals and organizations alike. Unfortunately, many Filipinos struggle to add these to their skill set. According to a Philam Life survey, 96 percent of Filipinos are concerned about their own and their families’ health, yet only 16 percent are prepared to pay for medical bills if diagnosed with a critical illness. This highlights the importance of financial literacy and how it can become a ‘make or break’ decision someday.

Over Half of Financial Influencers Hide Their Identities, Reveals CFA Institute Study

Social Media: More than 50 per cent of influencers do not make adequate disclosures when they are pushing out advertiser funded content. As Gen Z investors increasingly turn to finfluencers for guidance on investment decisions, the CFA Institute calls for more action by regulators and industry. A lack of financial literacy and perceived cost of advice drive people to finfluencer content stated the CFA Institute research which examines the growing impact of financial influencers on the Gen Z investor experience

Astra Financial and WeLab Launch Saqu as a Virtual Bank Service in Digital Banking

PT Bank Jasa Jakarta (BJJ), owned by Astra Financial and WeLab since 2022, launched Bank Saqu, a digital banking service, as a financial partner for individuals and SMEs in Indonesia with a solopreneur spirit. At the launch ceremony of Bank Saqu, it was “attended by Prijono Sugiarto, President Commissioner of PT Astra International Tbk. (Astra); Djony Bunarto Tjondro, President Director of Astra; Suparno Djasmin, Director of Astra; Simon Loong, Founder & Group CEO of WeLab;

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