CFTE brings fintech education initiative to Asia with MAS
UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) is looking to expand to Asia and plans to set up its first international hub in Singapore.
The newly launched organisation says it “has been working closely with the Monetary Authority of Singapore (MAS) to formalise plans to expand CFTE’s education initiative to ASEAN”.
CFTE’s aim is to help people working in the financial services space to “acquire the skills of Finance 2.0”.
“I strongly believe that in a world dominated by technology, people must remain at the centre of society and organisations, and that education and training are key to help individuals adapt to a fast changing world,” states Tram Anh Nguyen, co-founder of CFTE.
“Singapore and MAS have a very comprehensive strategy about human capital,” she adds.
MAS’s chief fintech officer, Sopnendu Mohanty, agrees: “The people factor is crucial for the success in fintech as well as our innovation-driven Smart Financial Centre.
It is at the heart of what we do to sustain and grow the fintech movement in Singapore, through a vibrant range of channels and opportunities for people to develop deep skills that are relevant to the market.”
Through its new hub in Singapore, CFTE will deliver courses to the ASEAN finance professionals via in-class training and online learning. The former will include workshops, group projects, mentoring sessions and intensive bootcamps. The latter is will be delivered via CFTE’s edtech platform, which “leverages mobile and adaptive technologies to provide an engaging learning experience across multiple digital channels”.
Subjects will include artificial intelligence (AI), application programming interfaces (APIs), coding, blockchain, regtech and other “major trends affecting the finance industry”, CFTE says.