Governor Bakani Launches YuTru
On the 22nd March 2019, Loi M. Bakani, Governor of the Bank of PNG, officially launched the YuTru scheme. The scheme’s operator, the locally-owned Digital Identification Bureau Ltd., will start work to develop a body of rules and guidelines to implement a digital identification framework. The framework will initially be used by licensed financial institutions but eventually available to any institution that is a member of the YuTru scheme.
The digital identification framework will be open to all scheme members to implement and the framework will not only provide detailed guidance for a digital-first identification process people but, in time, also offer access to a secure digital identity platform that will support the digital identity lifecycle including remote registration and verification of identities in the financial system in PNG.
Scheme operations are set to commence the 1st July 2019.
For more information email: info@yutru.org or call Rabbie Namaliu Jr. on +675 7384 0060 or Tony Willenberg on +675 7993 7369.