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Financial service providers recognized for innovation

Financial service providers recognized for innovation

August 31, 2017

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Port Moresby, Papua New Guinea – Two financial service providers were honoured on Tuesday night at the Financial Inclusion Innovation Summit held in Port Moresby, Papua New Guinea for their contributions to furthering financial inclusion in the Pacific The Pacific Financial Inclusion Programme (PFIP) awarded the 2017 Reuben James Summerlin Innovation Award to joint winners...

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Banking service impacting lives in the Highlands – Post Courier

Banking service impacting lives in the Highlands – Post Courier

August 15, 2017

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Little things that people often take for granted, can for some, make a world of difference.This rings true of a banking service that Westpac Bank launched in March, 2017, by Australia’s Minister for International Development and the Pacific, Concetta Fierravanti-Wells, during the 32nd Australia/PNG Business Forum and Trade Exposition held in Port Moresby. Called Choice...

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Pacific digital tax system to be trialed in Solomons – Radio New Zealand News

Pacific digital tax system to be trialed in Solomons – Radio New Zealand News

August 15, 2017

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An online taxation system is to be trialed in Solomon Islands for possible use across the Pacific. The Pacific Financial Inclusion Programme’s Abigail Chang says tax departments in the region still use manual processes to receive paper tax returns. Ms Chang said the new digital system would provide more payment options and reduce cash handling....

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Vanuatu banking looks to go digital – Radio New Zealand International

Vanuatu banking looks to go digital – Radio New Zealand International

July 24, 2017

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The Financial Services Demand Side Survey for Vanuatu showed the median adult in Malampa must travel up to an hour to reach a bank branch. The trip alone cost $US5.50, which is the highest figure across the island. The survey was conducted last year by the Pacific Financial Inclusion Programme, and together with the Reserve...

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Government Ministries learn about digitization of payments – Vanuatu Independent

Government Ministries learn about digitization of payments – Vanuatu Independent

July 22, 2017

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REPRESENTATIVES of various Government Ministries in Vanuatu were introduced to the benefits and business case for the digitization of government payments to its citizens. The Reserve Bank of Vanuatu (RBV) has partnered with the Pacific Financial Inclusion Program (PFIP) to hold a one-day introductory course on Wednesday to discuss the various payment flows that could...

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