Tencent Partners with The Asian Institute for Digital Finance to lead Fintech Innovations in Asia
Tencent reported at the Singapore Fintech Festival 2021 that it will collaborate with the Asian Institute of Digital Finance (AIDF). It is an institute inside the National University of Singapore (NUS). The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF), and NUS have been funding this mutually.
Under the organization, Tencent Financial Technology (FiT) and AIDF will team up in the area of research, education. And business to all more likely help Asia’s quickly developing digital finance industry.
The two parties will team up to carry the figured leadership to the fintech community. Furthermore, it builds the fintech leadership pipeline in the region and organizes industry occasions and tailor-made preparing programs.
The areas of collaboration will also include:
- Extending knowledge skill in Fintech Research: Tencent FiT and AIDF will lead the research into profound tech solutions to resolve real-world issues. The study will focus on regions. Such as cross-border payment for the proceeded growth of the business and the advantages of the general public.
- Fostering the Fintech ability pool in Singapore: Tencent FiT and AIDF will offer curated and improvement drives for employees and internship programs for AIDF’s students.
- Driving innovations in Asia’s Fintech scene: A yearly research challenge contest will launch jointly for AIDF students and participating fintech new companies under the AIDF incubator program.
“The fintech landscape is gaining tremendous momentum in the region due to digital acceleration in recent years. Through our partnership with AIDF, we want to support Asia’s smart city initiatives by nurturing the next generation of talents. However, with global perspectives and to drive financial innovations and leadership in the fintech industry.” Says Forest Lin, Corporate Vice President of Tencent and President of Tencent Financial Technology. “We are committed to partnering with local regulators, research institutions, companies to seek innovative solutions to problems. This will help businesses stay competitive within and beyond their markets.