LAC members host AFI’s ED to discuss FI progress & technical support

August 9th, 2019

LAC members host AFI’s ED to discuss FI progress & technical support

The heads of member institutions Superintendencia General de Entidades Financieras (SUGEF)  and Central Bank of Suriname (CBvS) met with AFI’s Executive Director earlier this week to discuss strengthening technical support and regional representation.

SUGEF’s Superintendent Bernardo Alfaro welcomed AFI’s Dr. Alfred Hannig to Costa Rica on August 7, where they…

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Malaysia’s PM launches National Strategy for Financial Literacy (2019-2023)

July 23rd, 2019

Malaysia’s PM launches National Strategy for Financial Literacy (2019-2023)

Malaysia’s Prime Minister Dr. Mahathir bin Mohamad officially launched the country’s landmark National Strategy for Financial Literacy on July 23, 2019, a five-year plan that aims to raise the country’s low levels of financial literacy.

The strategy was developed by Bank Negara Malaysia (BNM), a member of the AFI network, along with five other financial…

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Alternative financing boost needed to mitigate MSME credit gap

July 17th, 2019

Alternative financing boost needed to mitigate MSME credit gap

Regulators and supervisors must develop new alternative financing platforms to improve and compliment access to finance for micro, small and medium enterprises (MSMEs), AFI Deputy Executive Director Norbert Mumba told participants at the Bhutan Economic Forum for Innovative Transformation (BEFIT).

Speaking at BEFIT’s 2nd biennial summit, held in Bhutan’s capital of…

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Mauritania workshop advances development of first NFIS

July 12th, 2019

Mauritania workshop advances development of first NFIS

Banque Centrale de Mauritanie (BCM), in collaboration with AFI, held a workshop with key financial inclusion stakeholders in support of a national financial inclusion strategy (NFIS) that will help address an imbalance in financial services access, particularly among marginalized groups.

Close to 60 participants from the public, private and development sectors gathered on July 8-…

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Global deposit insurer tie-up encourages e-money product protection

July 12th, 2019

Global deposit insurer tie-up encourages e-money product protection

AFI has formed partnerships with 10 deposit insurance agencies to advance peer learning on deposit insurance for electronic money (e-money) products, expanding existing ties with international standard-setting bodies (SSB).

Under the agreements, technical advisers will assist AFI’s Global Standards Proportionality Working Group (GSPWG) on the protection of customer…

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Financial education training builds on MoU for Lusophone countries

July 9th, 2019

Financial education training builds on MoU for Lusophone countries

AFI, in collaboration with Banco de Portugal (BdP) and Banco Central do Brasil (BCB), held a second round of training to help Portuguese-speaking countries develop and implement national strategies for financial education (NFES). The training is part of efforts to build knowledge partnerships between AFI network and regulators from developed countries.

It reinforces…

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Spotlight on disruptive technologies at AFI PPD training with Visa

July 4th, 2019

Spotlight on disruptive technologies at AFI PPD training with Visa

Regulatory responses to platform and gig economies and how they could shape future commerce are among the focal topics of a two-day training for AFI member institutions that kicked-off on July 4 in collaboration with global payments platform Visa.

Visa is a long-term partner of AFI through its Public-Private Dialogue (PPD), a platform where public and private…

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BNM & AFI open first member training on platform economies

July 1st, 2019

BNM & AFI open first member training on platform economies

Platform economies can be a major driver of financial inclusion by connecting marginalized and underserved individuals and small businesses, speakers said during the welcoming remarks at member training co-hosted by Bank Negara Malaysia (BNM) and AFI on July 1, 2019.

Participants from 40 AFI member institutions in 37 countries have gathered in Kuala Lumpur for the three-…

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AFI organizes week-long training in Argentina

June 28th, 2019

AFI organizes week-long training in Argentina  BCRA co-hosts three days of member training with AFI on innovative policies to digitize financial inclusuion, followed by two days of PPD training on DFS with Mastercard.

The Alliance for Financial Inclusion (AFI), in collaboration with Mastercard, is holding training on “Approaches to Enhancing Financial Inclusion through Digital Financial Services” on 27-28 June under the network’s Public-…

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AFI rolls out project to advance inclusion of forcibly displaced

June 20th, 2019

AFI rolls out project to advance inclusion of forcibly displaced

AFI is rolling out a project to promote policies that enable more forcibly displaced persons (FDPs) to access formal financial services, driving in-country implementation efforts that the network has been developing since its FDP workstream began in 2017.

The two-year project, “Advancing the Financial Inclusion of FDPs: Putting Policy Recommendations to Practice”, is…

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