Pacific

Regional News

PPD training discusses challenges with digital payments in the Pacific

2018-06-08

The objective of the training was to come up with best practices from a policy and market standpoint to increase the adoption of electronic payments in the Pacific, and small island countries and nations.

Policy area: Digital Financial Services, General FI

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4th PIRI focuses on FinTech for financial inclusion, digital payments, MSMEs, climate change and women empowerment

2018-06-08

The forum highlighted that collaboration between stakeholders is an essential ingredient in closing the financial inclusion gap. Innovative FinTech solutions should be 'additive and transformative' and specifically targeting the unbanked.

Policy area: Digital Financial Services, General FI, Emerging Financial Inclusion Areas

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8th EGFIP meeting recognizes untapped potential of FinTech to accelerate financial inclusion in the Pacific

2018-06-06

Co-hosted by Central Bank of Samoa and the Alliance for Financial Inclusion (AFI), the meeting concluded with the Leaders Roundtable endorsing the workplan for FinTech for Financial Inclusion in the Pacific.

Policy area: Digital Financial Services, General FI, Emerging Financial Inclusion Areas

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Central Bank of Samoa will play host to 4th Annual PIRI Leaders’ Roundtable in Apia

2018-05-25

The city of Apia, Samoa will come alive as it plays host to the 4th Annual Pacific Islands Regional Initiative (PIRI) Leaders Roundtable forum. In collaboration with the Central Bank of Samoa (CBS), AFI will co-host the forum from 5-8 June, 2018 in Apia, Samoa.

Policy area: General FI, Emerging Financial Inclusion Areas

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Vanuatu NFIS serves as essential five-year roadmap to advance financial inclusion for MSMEs & the underserved

2018-03-30

Outlining specific targets to be met within the next five years, an important goal in the NFIS is to ensure that 65% of adults, of which half will be women, will be active users of formal or semi-formal financial services, increasing from the current 47% that are using formal and semi-formal financial institutions.

Policy area: Financial Inclusion Strategy

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AFI members from Asia-Pacific share knowledge on their progress in financial inclusion

2017-12-16

Among numerous topics discussed, the participants that included more than 50 central bankers, financial regulators, ministry of finance officials and development partners from 14 countries in the Asia-Pacific, deliberated on the role of FinTech in advancing financial inclusion and the impact it has on financial integrity, consumer protection and financial stability.

Policy area: Digital Financial Services, General FI

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FinTech for Financial Inclusion in the Pacific

2017-11-24

PIRI financial regulators have recognized that the disruption in financial technology (FinTech) offers great opportunities for developing and emerging economies to significantly drive the uptake of Digital Financial Services (DFS). PIRI policymakers have a common understanding that some innovations such as blockchain, biometric ID and cloud computing help countries to leapfrog into new tech solutions.

Policy area: Digital Financial Services, General FI

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DFS and FinTech accelerate financial inclusion in the Pacific

2017-11-15

“Digital financial services (DFS) has the potential to bring millions into the mainstream financial system,” says AFI’s Executive Director, Dr. Alfred Hannig at the 32nd Meeting of South Pacific Central Bank Governors in Nuku’Alofa, Tonga on 15 November 2017.

Policy area: Digital Financial Services, General FI

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Digital finance is key to increasing financial inclusion in Asia Pacific

2017-11-10

“The adoption of digital finance will have a significant impact not only on financial inclusion, but also inclusive economic growth,” says Alfred Hannig, AFI’s Executive Director during his keynote address at the Asian Development Bank’s 2nd Asia Finance Forum, taking place in Manila, Philippines from 8-10 November 2017.

Policy area: Digital Financial Services

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PIRI Leaders set to meet in Kokopo, Papua New Guinea for the 3rd PIRI Leaders Roundtable

2017-05-29

The 3rd Pacific Islands Regional Initiative (PIRI) Leaders Roundtable is set to kick off on 31 May to 01 June 2017 at the Gazelle International Hotel, Kokopo, in the East New Britain Province of Papua New Guinea.

Policy area: Digital Financial Services, General FI

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