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Innovation in Digital Financial Services in the Pacific

Innovation in Digital Financial Services in the Pacific

April 17, 2019

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In search for epiphany?   By Bram Peters Innovation, and especially digital innovation is a subject that keeps many people busy in their professional lives and I am one of them. In my case it is all about innovation in digital financial services. This ranges from fintech, to biometric authentication, eKYC, mobile enabled credit solutions,...

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Press 1 to secure your retirement

Press 1 to secure your retirement

March 27, 2019

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The key to making a product profitable is uptake and usage. This same principle applies to youSave, a micropension product for Solomon Islanders working in the informal sector. It is essential that youSave clients can easily make deposits into their long-term savings. youSave was developed by the Solomon Islands National Provident Fund (SINPF) with support of the Pacific Financial Inclusion Programme (PFIP).

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Is Financial Inclusion Really Impacting the SDGs? This New Research Approach Could Offer an Answer

Is Financial Inclusion Really Impacting the SDGs? This New Research Approach Could Offer an Answer

February 15, 2019

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The need for a better measurement approach was the impetus for establishing the Impact Pathways project, pioneered by the UN Capital Development Fund (UNCDF) with conceptual and technical support from BFA. This project embraces a “pathways” approach to unpacking the felt benefits and development outcomes experienced by users of financial services. The key goal behind this approach is to take into account the whole set of financial products that low-income customers use, to understand all the ways they might use each of them, and to assess the benefits that they experience. This comprehensive assessment might ultimately help detect any improvement financial services have on a range of SDGs.

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Financial Inclusion in Paradise: How do Pacific Island Countries stack up to the Global Findex?

Financial Inclusion in Paradise: How do Pacific Island Countries stack up to the Global Findex?

December 12, 2018

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Financial Inclusion in Paradise: How do Pacific Island Countries stack up to the Global Findex? By Liz Larson (Shortened version of this article was first published by FinDev Gateway) Earlier this year World Bank released the much anticipated “Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution”, giving the world another installment of...

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Special school leads the way in financial education innovation

Special school leads the way in financial education innovation

July 4, 2018

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Students need to take their classroom skills and knowledge into the real world for financial education (FinED) to be effective. That’s exactly what the impressive Sigatoka Special School is doing through leading the way on innovative projects that help the students put money management into practice. Recently the UN’s Pacific Financial Inclusion Programme (PFIP) visited...

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