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Indonesian central bank launches digital innovation hub
Indonesian central bank (Bank Indonesia) and the Financial Services Authority (OJK) launched the Digital Innovation Hub Indonesia (PIDI) on February 23, 2026, to strengthen the digital economy and financial ecosystem.
Indonesia’s digital payment transactions, especially QRIS, reached nearly 300 billion annually with a value exceeding 50 trillion rupiah (US$2.97 billion), indicating increased adoption across sectors.
PIDI will serve as a national digital innovation hub, focusing on industry training, pilot projects, and talent development through programs like DIGDAYA.
The program targets 3,000 participants in its initial phase.
🔗 Source: Kompas
🧠 Food for thought
Implications, context, and why it matters.
Regulators are responding to the high cost of low digital literacy
- Programs like PIDI are gaining support because access to digital financial services is rising faster than public understanding of how to use them safely.
- An OJK survey found that Indonesia’s financial inclusion index hit 76.19%, while its financial literacy index sat at 38% 1.
- The gap leaves more people exposed, with public losses from fraudulent investments estimated at Rp117.4 trillion from 2011 to 2021 1.
- On the day PIDI launched, the Financial Services Authority (OJK) said it had finished an investigation into an alleged banking crime, tying new products to tougher oversight 2.
The government is building a national talent pipeline, not just a fintech incubator
- Bank Indonesia (BI) described PIDI as a center for building talent that links to its Blueprint Sistem Pembayaran Indonesia (BSPI) 2030 roadmap 3.
- The approach goes past one-off hackathons. Participants start with structured training, then join a hackathon. Strong projects can move into pilot projects plus business matching with industry players 4.
- The plan also fits into the Indonesia Emas 2045’ vision, a long-term national development agenda 5.
