Over Half of Financial Influencers Hide Their Identities, Reveals CFA Institute Study

Social Media: More than 50 per cent of influencers do not make adequate disclosures when they are pushing out advertiser funded content. As Gen Z investors increasingly turn to finfluencers for guidance on investment decisions, the CFA Institute calls for more action by regulators and industry. A lack of financial literacy and perceived cost of advice drive people to finfluencer content stated the CFA Institute research which examines the growing impact of financial influencers on the Gen Z investor experience

Astra Financial and WeLab Launch Saqu as a Virtual Bank Service in Digital Banking

PT Bank Jasa Jakarta (BJJ), owned by Astra Financial and WeLab since 2022, launched Bank Saqu, a digital banking service, as a financial partner for individuals and SMEs in Indonesia with a solopreneur spirit. At the launch ceremony of Bank Saqu, it was “attended by Prijono Sugiarto, President Commissioner of PT Astra International Tbk. (Astra); Djony Bunarto Tjondro, President Director of Astra; Suparno Djasmin, Director of Astra; Simon Loong, Founder & Group CEO of WeLab;

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