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Solomon Islands will benefit from a new digital payment platform launched, which will make banking easier, contribute to the digitalization of the economy, and help drive inclusive sustainable economic development. Launched and overseen by the Central Bank of Solomon Islands (CBSI), the Solomons Automated Transfer System (SOLATS) is a real time gross settlement payment system that will secure transactions, protecting customers and businesses from fraud. It will also simplify transactions...

Islandsbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from islandsbusiness.com Daily Mail and Mail on Sunday newspapers.

The National Bank of Cambodia’s (NBC) new deals with the central banks of two Pacific archipelago nations signal the government’s commitment to expanding the payment system and the development of financial innovation, according to financial industry representatives.

The National Bank of Cambodia (NBC) signed two separate memorandums of understanding (MoU) with the Central Bank of the Solomon Islands and with the Reserve Bank of Fiji to strengthen "Cooperation in the Area of Financial Innovation and Payment Systems".

Minister of Finance and Treasury, Hon. Harry Kuma returned on Monday, 10th October, after attending the 55th Asian Development Bank (ADB) Board of Governors Annual Meeting held at the ADB Headquarters, Manila, Philippines from 26 to 30 September 2022.