DFS has been a key driver of financial inclusion globally, particularly in developing economies. However, DFS markets are often dominated by a few large providers, which can lead to challenges such as high costs, reduced innovation, and limited-service quality. This is the first AFI training on this topic and is designed to provide practical insights into the relationship between competition, financial inclusion, and financial stability. At the end of the training, participants will gain a deeper understanding of how competition is measured, its implications, and the policies and regulations needed to foster innovative and inclusive financial services.

The training will cover key areas such as:

• The linkages between competition, financial inclusion, and financial stability
• Identification and measurement of competition in the financial sector
• Pro-competition policy and regulatory enablers
• Innovative approaches, including interoperability, regulatory sandboxes, and open finance