August 16th, 2017

National Reserve Bank of Tonga: Efforts to promote financial inclusion has been globally recognized

If you are serious about the expansion of financial services to all sections of society, then it is about time to take on the Maya Declaration journey as the benefits of financial…

July 21st, 2017

The following post originally appeared on the Omidyar Network blog. It has been cross-posted here with permission. 

Why We Invested: Alliance for Financial Inclusion

A big differentiator of Omidyar Network’s approach to investments is our hybrid model. We believe that big, systemic challenges can be solved by harnessing the power of markets and backing innovative entrepreneurs and their ideas with patient capital and the support they…

June 20th, 2017

Financial Regulators and the Global Forced Displacement Crisis: a Shared Responsibility

 

The global forced displacement crisis is undoubtedly one of the most pressing challenges facing both global bodies and national policymakers today, manifest in developed and developing countries alike. According to data from the United Nations High…

March 12th, 2017

On 13-18 March 2017, the AFI SME Finance (SMEF) Working Group will meet in Mahe, Seychelles to discuss policy conerns with regards to empowering Micro, Small and Medium Enterprises (MSMEs) around the world. 

Showcasing SMEF knowledge products

The 8th SMEF Working Group meeting will present three knowledge products developed in 2016. These reports represent a significant effort from the working group to implement the Denarau Action…

January 19th, 2017

The Supervisory Challenges of Financial Inclusion

In pursuit of their mission to ensure the integrity of financial systems, regulators have two distinct tasks. The first is developing the rules and regulations that govern the authorization and operations of financial institutions.  The second is supervising those institutions to ensure that regulations are followed and risks are identified and addressed.

Over the last several decades…

December 15th, 2016

The following post originally appeared on the NextBillion website. It has been cross-posted here with permission. 

Don’t Just Color It Pink and Call It Financial Inclusion for Women

 

Policymakers often do not figure in stories of innovation, disruption and change. In fact, they are often seen as stewards of the status quo, enemies of progress. Not anymore. This past September in Fiji, policymakers proved they could be game-…

December 13th, 2016

Five for Five: Five things we have learned in five years of the Maya Declaration


In celebration of the Maya Declaration’s 5th year anniversary, here are five lessons we take away from the first global commitment platform for financial inclusion:
 

1. Ownership is the foundation of every strong commitment

All commitments, big or small, are underpinned by ownership—without ownership, commitments are merely imposed…

December 6th, 2016

Denarau Action Plan and the rise of gender finance 

For generations, there has been a widespread prevalence of economic and social barriers that inhibit the empowerment and economic inclusion of women in the global economy. There is extensive literature that discusses different challenges women face in their quest for equality, particularly in terms of access to finance irrespective of their socio-economic, demographic, and geographical…

November 23rd, 2016

The following is a guest blog posting from one of AFI's PPD Partners, GSMA. The original version of this post can be found on the GSMA website. 

New GSMA research shows that mobile money is driving a price revolution in international remittances

In just a few years, mobile money has evolved from operating as a purely domestic P2P transfer service to enabling transfers between more than 20 countries globally. In a previous blog post,…

November 2nd, 2016

When it comes to crafting smart financial inclusion policies and effective regulation, evidence and data are key. In Mexico, financial regulators have taken the lead. Since 2012, the Comisión Nacional Bancaria y de Valores (CNBV) and the Instituto Nacional de Estadística y Geografía (INEGI) have conducted two national surveys on financial inclusion, which have not only highlighted the importance of data, but how important regular data…