Uploaded February 2018 | Updated September 2026, 11 hours ago
How does banking work in one of the most geographically, culturally, and economically remote countries on earth? Westpac Papua New Guinea works in the Highlands of the southwestern Pacific nation to build an inclusive banking structure built on the Wantok system, a kind of tribal social security. Working with the Wantok system ensures that Papua New Guineans can grow their future with respect and empowerment while keeping local traditions strong.
This film was created in partnership with TED and Westpac Group. Westpac has always strived to help communities prosper and grow. That’s how it’s been for over 200 years, founded on leadership, courage and a bold vision of transformation. Together TED Institute and Westpac are exploring ideas and stories that may shape a more positive future for all in the next 200 years to come.
About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas.
Learn more at ted.com/ted-institute
Follow TED Institute on Twitter @TEDPartners
Subscribe to our channel: https://www.youtube.com/user/TEDInsti...
How does banking work in one of the most geographically, culturally, and economically remote countries on earth? Westpac Papua New Guinea works in the Highlands of the southwestern Pacific nation to build an inclusive banking structure built on the Wantok system, a kind of tribal social security. Working with the Wantok system ensures that Papua New Guineans can grow their future with respect and empowerment while keeping local traditions strong.
This film was created in partnership with TED and Westpac Group. Westpac has always strived to help communities prosper and grow. That’s how it’s been for over 200 years, founded on leadership, courage and a bold vision of transformation. Together TED Institute and Westpac are exploring ideas and stories that may shape a more positive future for all in the next 200 years to come.
About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas.
Learn more at ted.com/ted-institute
Follow TED Institute on Twitter @TEDPartners
Subscribe to our channel: https://www.youtube.com/user/TEDInsti...
