SOM#4 Agenda
Date/Time: Wednesday, 6th November 2019 @ 10:00-11:30.
Location: TABUBIL RoomLevel 1, Kutubu Convention Centre, Hilton Hotel, Port Moresby, Papua New Guinea.
Agenda:1. Present summary of feedback to the scheme's 'heads of agreement";2. Present the information memorandum for financial case for YuTru;3. Outline implications of the "Electronic Transactions Act" for YuTru.
RSVP: By email to commissioner at yutru dot org ...
Training Program 2019/20
Introduction
This training proposal has been written for the benefit of a number of stakeholders: the Bank of PNG, the PNG Civil Identification and Registration Office (CIRO)/NID, the PNG Digital Commerce Association (DCA), the ICT Cluster (ICTC), and the potential participants, members, and foundation shareholders of the ‘YuTru’ digital trust framework scheme operated by the Digital ...
SOM#3 Attendance
The following institutions were present at SOM#3:
Abt Associates (2)Department of Foreign Affairs & Trade (AU) (1)FASU, Bank of Papua New Guinea (2)Bank of South Pacific (1)Centre of Excellence in Financial Inclusion (1)Dentons (2)FinCorp Ltd. (1)Kina Securities Ltd. (2)Nambawan Super Ltd. (1)Nationwide Microbank Ltd. (1)Origin Energy PNG Ltd. (1)PNG Exchange Markets Ltd. (1)PNG ICT Cluster Inc. ...
SOM#3 Agenda
The third scheme operations meeting (SOM#3) will be held:
Date/Time: Friday, 27th September 2019 @ 10:00-11:15.Location: INDEPENDENCE RoomLevel 1, Kutubu Convention Centre, Hilton Hotel, Port Moresby, Papua New Guinea.
Agenda:1. Feedback on the "Heads of Agreement" discussed;2. Discussion on the scheme delegates function;3. Explanation of key scheme documents;4. Any other business;
RSVP: By email to commissioner at yutru dot ...
Biometrics Reduce Compliance Costs
According to a new research from Mitek and Consult Hyperion, the cost of bank KYC compliance among top-tier banks in Europe has risen to around €50m per annum. Rising regulator fines, customer abandonment, lower trust, among other indirect costs of poor KYC practices, could cost banks another €150m over the next five years.
“It’s no ...
SOM#2 Attendance
The following institutions were represented at SOM#2:
Abt Associates (1)Bank of Papua New Guinea (2)Bank of South Pacific (1)Dentons (2)FinCorp Ltd. (1)Kina Securities Ltd. (1)Nambawan Super Ltd. (1)Nationwide Microbank Ltd. (1)Origin Energy PNG Ltd. (1)PNG Exchange Markets Ltd. (1)PNG ICT Cluster Inc. (1)
Credit: Elisabeth McLeod, Abt Associates
Credit: Elisabeth McLeod, Abt Associates
SOM#2 Agenda
The second scheme operations meeting (SOM#2) will be held:
Date/Time: Friday, 6th September 2019 @ 16:30-17:30.Location: Sisibia Room (changed from the Pimaga Room)Level 1, Kutubu Convention Centre, Hilton Hotel, Port Moresby, Papua New Guinea.
Agenda:1. Demonstration of an EU KYC/AML5-compliant digital identification platform (as used by Santander) to identify and register customers online utilising state-of-the-art video biometrics, machine ...
Leaving Your Wallet at Home
Published in January 2018, the ID4D programme's "Technical Landscape for Digital Identification" report covers some helpful information for those planning digital identification schemes.
A lot of the work of YuTru will be based on and include use of open and international standards and protocols, to avoid any kind of vendor lock-in. Assessment of the individual ...
SOM#1 Attendance
The following institutions were represented at SOM#1:
Abt Associates (1)Dentons (1)Finance Corporation Ltd. (1)Kina Securities Ltd. (2) Nationwide Microbank Ltd. (1)
SOM#1 Agenda
At the inaugural scheme meeting (on the 29th July 2019) of those institutions that signalled their interest in joining YuTru last year, the interim scheme commissioner will outline: (a) the operational 12-month work program, (b) the scheme's membership structure, and (c) the supporting digital literacy program to be delivered by Neocapita Security Consulting and the ...