26 April 2016

First paper in PSDI’s Knowledge Series released

Digital Financial Services cover
A new PSDI publication examines the use, challenges and potential of mobile phone-based banking services in the Pacific region.

Digital Financial Services in the Pacific: Experiences and Regulatory Issues identifies mobile banking and the use of technology as a particularly effective way to enhance access to financial services in a region beset by challenging geography and poor infrastructure. The uptake of mobile banking has been held back, however, by issues such as a lack of consumer confidence in the technology and uncertain regulatory frameworks. This report suggests a framework for regulating digital financial services that will enhance their scope in the region.

The report was produced in collaboration with the Digital Financial Services Research Team at the University of New South Wales. It is the first of PSDI’s Knowledge Series, which will offer insight and analysis to inform discussion around private sector-oriented reforms in the Pacific region.