The new center will focus on ransomware, digital identity and authentication, platform security, and fraud prevention.

Haiti's Bank of the Republic is reducing the credit risk of microfinance institutions that will further enable financial institutions to provide more microloans to the small businesses and individuals as the nation examines various long-term recovery options.

The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.