Strategy for Fintech Applications in the Pacific Island Countries

By Sonja Davidovic, Elena Loukoianova, Cormac Sullivan, Hervé Tourpe

August 22, 2019

Preview Citation

Format: Chicago

Sonja Davidovic, Elena Loukoianova, Cormac Sullivan, and Hervé Tourpe. Strategy for Fintech Applications in the Pacific Island Countries, (USA: International Monetary Fund, 2019) accessed November 21, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The Bali Fintech Agenda highlights 12 principles for policymakers to consider when formulating their approaches to new financial technology (fintech). The agenda aims to harness the potential of fintech while managing associated risks. This paper looks at how some elements of the Bali Fintech Agenda could be used in Pacific island countries, which face significant financial-structural challenges.

Subject: Financial inclusion, Financial markets, Financial services, Fintech, Mobile banking, Technology

Keywords: Australia and New Zealand, Big data, Business model, Capital investment, Credit scoring, Customer data, Data protection, DP, DPPP, Due diligence, Feasibility study, Financial inclusion, Financial system, Fintech, Identity system, Mobile banking, Pacific island countries, Pacific Islands, Payment development, Payment history, Payment system, Private sector, Solar-panel-enabled payment device, Transaction costs, Utility payment record

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Departmental Paper No. 2019/012
Stock No:

SFAPICEA
ISBN:

9781498326735
ISSN:

2616-5333

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