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For the first time, Tuvalu’s residents can access cash and make card payments locally, following the launch of the country's first ATMs and point-of-sale terminals.
The Pacific island nation of Tuvalu has launched its first automated teller machines (ATMs) and point-of-sale (POS) systems, marking a major advancement in its financial services. Previously, residents could only access banking services in person at the National Bank of Tuvalu’s main office in Funafuti.
The new ATMs, installed at the bank’s headquarters, offer cash withdrawals and balance inquiries. Alongside these, POS terminals have been introduced at several retail locations, enabling customers to make card payments for goods and services for the first time.
Authorities described this development as a significant step towards modernising the country’s financial infrastructure. The International Telecommunication Union, which has supported Tuvalu’s digital initiatives, noted that these upgrades would improve financial accessibility for the nation’s approximately 11,000 citizens.
Officials highlighted that the new systems would also benefit visitors to the country, reducing reliance on cash and expanding payment options. The move is part of Tuvalu’s broader efforts to enhance digital and financial services in response to its geographical isolation and climate-related challenges.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
Ukrainian President Volodymir Zelenskyy says envoys from the United States will be visiting Moscow and Kyiv to negotiate an end to the conflict.
The Trump administration pressured U.S. space companies not to attend a high-profile space summit in Paris organised by French President Emmanuel Macron, prompting a last-minute reshuffle and the cancellation of some planned announcements, according to sources familiar with the matter.
A Russian court on Thursday imposed restrictions on Lida Moniava, the founder of a children’s hospice, who is accused of spreading false information about the Russian military’s actions in Ukraine.
China’s state-owned shipping giant COSCO has used concealed equipment aboard some of its vessels to collect intelligence on military communications near the coastlines of countries including the U.S., according to two senior Trump administration officials.
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