Scoping is also being done by PFIP to conduct a national baseline for financial literacy in Fiji, so we can accurately measure the impacts of our work in this field.
In BaaS, the componentization and loose coupling of a bank’s internal systems have enabled its systems to be linked in a costless, fast, and flexible manner. In other words, the loose coupling within a bank at the micro level has enabled service creation in coordination with other industries, which leads to a redesign of the industrial structure at the macro level.