September 29th, 2020

GSPWG: 10 years of progress achieved & challenges ahead


By Robin Newnham, Head of Policy Analysis, AFI

AFI’s Global Standards Proportionality Working Group (GSPWG) has made crucial contributions in advancing peer learning between members and global standard setting bodies (SSBs) on the practical application of global standards in alignment with financial inclusion goals, strategies and policies.

Global standards are…

September 28th, 2020

NFIS Policy Model: codifying best practices

By Dieter De Smet, Financial Inclusion Strategy Policy Manager, AFI

Members unanimously ratified the National Financial Inclusion Strategy (NFIS) Policy Model at the AFI Annual General Meeting on 9 September 2020, providing key regulatory and policy guidance on NFIS development and implementation.

Codifying over 10 years of developing and implementing NFIS to further members’…

September 23rd, 2020

This article was published by NextBillion on 22 September 2020.

COVID-19: Burden or Boon for Financial Inclusion?

Editor’s note: This article is part of NextBillion’s series “Enterprise in the Time of Coronavirus,” which explores how the business and development sectors are responding to the pandemic. For news updates and analysis, virtual events, and links to useful resources related to the COVID-19 crisis, check out our coronavirus…

September 4th, 2020

FIDWG: 10 years of data to improve policy & regulation

By Taty Azman, Policy Analyst and Luis Trevino, Senior Policy Manager, AFI

AFI’s Financial Inclusion Data Working Group (FIDWG) has forged the network’s path to develop a common framework that harnesses data to accurately track and assess the access, usage and quality of financial inclusion policy interventions and regulations.

At its core lies the AFI Core Set Policy…

September 3rd, 2020

Celebrating 10 years of working groups

By Maya Taylor, Web Content Writer, AFI Communications 

Congratulations to AFI’s pioneering working groups on turning 10 this year!

Digital Financial Services Working Group (DFSWG), Financial Inclusion Data Working Group (FIDWG) and Global Standards Proportionality Working Group (GSPWG) have worked tirelessly over the past decade to establish themselves as gamechangers in the exploration…

August 28th, 2020

Financial Inclusion – True and Equitable

By Ghiyazuddin Ali Mohammad, Senior Policy Manager, Digital Financial Services, AFI

“We are caught in an inescapable network of mutuality, tied to a single garment of destiny. Whatever affects one directly, affects all indirectly”  – Martin Luther King Jr, Letter from Birmingham Jail

The deaths of George Floyd and Breonna Taylor that sparked protests and civil unrest in the United…

August 14th, 2020

This article was published by NextBillion on 13 August 2020.

Avoiding another crash: How global standards set after the 2008 crisis prepared the financial system to weather COVID-19

Editor’s note: This article is part of NextBillion’s series “Enterprise in the Time of Coronavirus,” which explores how the business and development sectors are responding to the pandemic. For news updates and analysis, virtual events, and links to useful…

August 12th, 2020

Financial inclusion helps youth mitigate COVID-19 impact

By Mohanad Salous, Chief of Financial Inclusion Division, Palestine Monetary Authority, and Diana Schvarztein, Policy Manager, Financial Inclusion, AFI

The coronavirus pandemic has further exacerbated youth’s vulnerabilities and is likely to have a greater negative impact on young people’s livelihoods, particularly for those in developing countries.

Recognizing this,…

July 29th, 2020

Social Commerce key to women empowerment in Bangladesh

By Bidhan Chandra Shaha, Deputy Director, Bangladesh Bank

“Social media deserves great appreciation not only because people are spending a lot of time on Facebook during COVID-19 pandemic, but also due to the fact that my business does not need to shut down for a single moment amidst the prolonged lockdown in the country,” revealed Anu.

Sumaiya Islam Anu is the founder of…

July 20th, 2020

Inclusive Green Finance Resources National Financial Sector Strategies Regulators in the AFI network have begun responding, often with urgency, with strategies, policies and regulations to mitigate and build resilience to the impacts of climate change in their respective countries. There is an emerging trend in the network to link financial inclusion and climate change on a national strategic level, either in a National Financial Inclusion…