Following successful events in Surabaya and Medan, the Financial\nFestival was held in Jogja today. The Chair of the Board of\nCommissioners of the Deposit Insurance Corporation (LPS), Anggito\nAbimanyu, said the event aims to build a generation that is digitally\nliterate and financially mature.<\/p>\n
The Jogja Financial Festival (JFF) runs over two days, beginning\nFriday 22 May and continuing on Saturday 23 May at the Jogja Expo Center\n(JEC). The event seeks to boost financial literacy and financial\ninclusion among the public, particularly young people.<\/p>\n
JFF acts as a platform that brings together stakeholders in the\nfinancial sector, from policy-makers, regulators, and financial industry\nplayers, to academics and the wider public, to discuss and share\nperspectives.<\/p>\n
Anggito Abimanyu, chair of the LPS, highlighted the rapid development\nof financial technology that has not been matched by public\nliteracy.<\/p>\n
He said the public is living in an era in which financial technology\nis evolving very quickly, ranging from digital transactions to\ntechnology-based investments.<\/p>\n
\u201cWe are entering an era where money moves faster than human\nunderstanding of financial risk itself,\u201d Anggito said in his remarks at\nJogja Financial Festival 2026 at the Jogja Expo Center on Friday 22 May\n2026.<\/p>\n
He noted that developments in Artificial Intelligence (AI), digital\ntransactions, and new investment products bring many benefits. However,\non the other hand, public financial literacy is lagging behind the\nindustry\u2019s growth.<\/p>\n
\u201cArtificial Intelligence (AI) is starting to replace many of our\nbusiness models. Digital financial transactions occur in seconds.\nFinancial investment products are growing and diversifying, bringing\nbenefits. Yet, at the same time, the resilience of financial literacy\nhas not grown as fast as the industry\u2019s development,\u201d he explained.<\/p>\n
In addition, Anggito also addressed the proliferation of illegal\nonline lending, digital gambling, and bogus investments that exploit the\nlow level of public understanding.<\/p>\n
\u201cIllegal online lending is growing rapidly, digital gambling\ninfiltrates through technology platforms, financial crime is booming,\nand fake investments continue to exploit the low level of public\nunderstanding,\u201d he said.<\/p>\n
Anggito stressed that Indonesia must not allow technological\ndevelopment to outrun the ethics and financial responsibility of its\npeople.<\/p>\n
Nevertheless, he is optimistic that Indonesia\u2019s younger generation\nhas great potential to become drivers of the national economy. He noted\nthat Indonesia has around 190 million people of productive age who are\nclosely connected with technology and the digital world.<\/p>\n
\u201cThey are not just consumers of financial apps, but productive\ninvestors, budding entrepreneurs, creators of innovation, and drivers of\nthe national economy,\u201d he said.<\/p>\n
On that occasion, Anggito said that Financial Festival 2026 is not\nonly an exhibition of financial institutions and an economic seminar.\nThe festival is described as a space for collaboration among regulators,\nindustry, universities, creative communities, and the younger\ngeneration.<\/p>\n
He said more than 10,000 participants are expected to attend. Several\nactivities will be held, from financial education, involving MSMEs and\ncreative communities, to the Jogja City Run, which thousands of runners\nparticipate in.<\/p>\n
\u201cWe want to start a new movement, building a generation that is not\nonly digitally literate but also financially mature,\u201d he concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/anggito-abimanyu-says-jff-2026-will-build-a-financially-mature-generation-1779542260", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }