A new research institute will be set up by the end of the year to drive education, research and entrepreneurship in digital finance in the region. The institute, called the Asian Institute of Digital Finance (AIDF), is jointly developed by the Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS), the three organisations announced on Tuesday (Aug 4).
It will be hosted at NUS and offer a master's programme, as well as award scholarships to students to pursue further research at the doctoral level. It will also train post-doctoral fellows in the areas of digital finance and fintech. Through its education programme, the AIDF will build the FinTech leadership pipeline for Singapore and the wider region. The institute will be based at the Kent Ridge campus of NUS.