Reports

As a wave of digitisation swept over the consumer payment landscape in Southeast Asia, the pace of evolution has been so rapid that most of the payment data and coverage of fintech service providers from just two years ago is no longer valid.

In the rapidly evolving landscape of global finance, few nations have witnessed a transformation as profound as that of the city-state of Singapore. What was once a regional trading post has become a formidable player in the world of cross-border payments and treasury management.

The Solomon Islands has an opportunity to leverage ongoing payment modernization efforts, including the Automated Transfer System infrastructure, to help drive innovation in retail payments, increase the uptake of digital financial services, and promote financial inclusion.