Indonesia Financial Services Authority (OJK) hosted a public lecture at the University of Riau on “Digital Financing: Opportunities, Challenges, and Future Prospects”, positioning it as part of its push to strengthen financial literacy and inclusion among students and highlighting key risks such as personal data misuse and exposure to illegal financing. The session, attended by more than 350 students, followed a 2023–2028 memorandum of understanding between OJK and the university. OJK executive Agusman described digital financing as enabling rapid, cross-regional application-to-repayment processes, but stressed the need for prudential behaviour alongside the sector’s growth. He pointed to existing laws, OJK roadmaps including for online lending, and detailed regulations, while calling for support from academia and students to help prevent young consumers from becoming victims. OJK indicated it will continue expanding collaboration with academic institutions and other stakeholders to strengthen youth readiness for digital financial services.
OJK 2026-04-21
Indonesia's Financial Services Authority promotes youth financial literacy with University of Riau lecture on digital financing risks
The Indonesia Financial Services Authority (OJK) delivered a public lecture at the University of Riau on “Digital Financing: Opportunities, Challenges, and Future Prospects” to strengthen financial literacy and inclusion among students, highlighting risks such as personal data misuse and illegal financing. OJK referenced existing laws and regulations on digital and online lending and plans to deepen collaboration with academic institutions and other stakeholders to bolster youth readiness for digital financial services.