August 23, 2019
The main objective of this Innovation Challenge was to derisk the entry of ASEAN based Fintechs into the Pacific region. Fintechs who can provide proven solutions for the challenges faced on the ground by PFIP’s four selected private sector partners in the Pacific.
July 19, 2019
While some people may think that InsurTech has not yet reached the shores of the Pacific, a recent survey amongst insurance providers in the Pacific shows that some of these companies are at the forefront of these trends.
April 17, 2019
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,...
March 27, 2019
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).
February 15, 2019
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.