April 1st, 2020

This article was originally featured in Central Bank Payments News.

PIRI Regional Regulatory Sandbox Goes on Tour

It is without a doubt that the world has gone digital and the fourth revolution is upon us – where technology is no longer a tool to improve how we do things but instead infused to all we do. New business models in financial technology (FinTech) leveraging on low marginal cost infrastructure like the mobile and superior…

March 19th, 2020

RMA Bhutan Governor: Youth will drive DFS 

The global population may be aging, but Bhutan is safely bucking the trend. With an estimated 60 percent aged below 25, this represents a key demographic that Royal Monetary Authority of Bhutan (RMA Bhutan) Governor Dasho Penjore hopes will help create a more level playing field against the country’s better-connected neighbors.

Governor Dasho Penjore recently sat down with AFI to discuss how…

March 13th, 2020

Financial Regulators celebrate International Women’s Day 2020

By AFI Communications

In conjunction with International Women’s Day (IWD) this year, we decided to do something a little different. We reached out within our network for some words of wisdom and were pleasantly surprised by all the responses we received by AFI members. In fact, we were so overwhelmed by the enthusiasm shown by our members, that we extended our IWD tribute…

March 12th, 2020

Advocating women’s financial inclusion data

By Stephanie Oula, Women’s Financial Inclusion Data (WFID) Partnership Manager, Data2X

2020 is a milestone year for gender equality. It marks the twenty-fifth anniversary of the Beijing Platform for Action, where 189 countries agreed to a historic blueprint for achieving gender equality and advancing women’s empowerment during the 1995 UN World Conference on Women. Women’s economic…

March 10th, 2020

Nigeria’s central bank advances women’s access to finance

By Paul I. Oluikpe, Head of Financial Inclusion Secretariat, Central Bank of Nigeria

Nigeria’s National Financial Inclusion Strategy (NFIS), is targeting an increase in the number of adult Nigerians with access to formal financial services to 80 percent by 2020. This ambitious goal is led by the Central Bank of Nigeria (CBN) and aims to increase financial inclusion by 16…

March 9th, 2020

Gender Inclusive Finance: Impetus for Egypt's economic growth

By Mai Abulnaga, Sub Governor of Governor's Office & Head of Financial Inclusion and Regulations Sector, Central Bank of Egypt

Access to financial resources is widely recognized as key to women’s economic empowerment. In Egypt, women’s economic and financial empowerment is a governmental priority, as demonstrated in the country’s Sustainable…

March 6th, 2020

Women’s Financial Inclusion: A Reason to Celebrate

By Dr. Alfred Hannig, Executive Director, AFI

It gives me great pleasure to wish everyone a very Happy International Women’s Day! Every day should be women’s day, but this day is an opportunity to take stock of how far we have come in the women’s financial inclusion space and, yes, there is certainly lots to celebrate.

For starters, equality is no longer considered “just a…

March 4th, 2020

Central banks: Creating opportunities for women entrepreneurs

By: Majidah Hashim & Maya Taylor, AFI Communications 

Central banks have been instrumental in paving the path towards a more inclusive future by empowering women entrepreneurs, helping overcome the obstacles that many face daily in accessing and using financial services.

Women-owned micro, small and medium enterprises (MSMEs) make up 32 percent of the total…

February 19th, 2020

Financial inclusion - on the agenda of the Central Bank of Uzbekistan

Written by: Governor Mamarizo Nurmuratov, the Central Bank of Uzbekistan

Financial inclusion in its broadest sense was put on the central bank’s agenda at the end of 2017, when its priority areas were revised as part of reforms and efforts to ensure the openness of the national economy. Before then, efforts had been focused mainly on financing small businesses…

January 17th, 2020

Five key financial inclusion policy trends for 2020

As the global population grows and becomes increasingly tech-savvy, it is giving rise to exciting new trends in financial inclusion policymaking that will drive debate for years to come. Amid these changes is a constant steam of new developments in digital financial services that are helping lead innovation while also challenging regulators by raising important questions over security,…