12 finalists announced for AFI Inclusive FinTech Showcase

November 13th, 2020

12 finalists announced for AFI Inclusive FinTech Showcase

Twelve financial technology (FinTech) innovators from across the world have reached the final stages of the 2020 AFI Inclusive FinTech Showcase. Later this month, they will present to AFI’s membership their innovative solutions that are helping to address the fallout from the COVID-19 pandemic and that will shape the future of financial inclusion.

Selected from a large number…

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AFI Gender Committee elects new chair, vice chair

November 12th, 2020

AFI Gender Committee elects new chair, vice chair

AFI is excited to welcome and congratulate Elsie Addo Awadzi, Second Deputy Governor from the Bank of Ghana, and Md. Anwarul Islam, General Manager from Bangladesh Bank, for their appointment as the new Chair and Vice Chair of AFI’s Gender Inclusive Finance Committee (GIFC) respectively.

Deputy Governor Awadzi brings over 24 years of professional experience in Ghana and…

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Data analysis boosts NFIS implementation & COVID-19 relief

November 6th, 2020

Data analysis boosts NFIS implementation & COVID-19 relief

COVID-19 has accelerated the need to collect macro-economic data that assesses the impact of relief measures on low-income groups, such as small businesses, women and agricultural workers, speakers said during virtual member training on 2-4 November.

Co-hosted by Bank Negara Malaysia (BNM), the three-day event highlighted how data underpins the formulation and…

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Financial inclusion key to green resilience building

October 28th, 2020

Financial inclusion key to green resilience building

While impacts of climate change deepen poverty, impacting disproportionately vulnerable groups such as women, financial inclusion can build the resilience of individuals to sudden and extreme climate events. Financial regulators across the AFI network are integrating climate change considerations in their larger financial sector plans by laying down roadmaps for sustainable development,…

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G-24/AFI roundtable spotlights digital catalyst for youth financial inclusion

October 27th, 2020

G-24/AFI roundtable spotlights digital catalyst for youth financial inclusion

Soaring demand for digital financial services (DFS) must be leveraged to build long-term sustainable recovery and scale up financial inclusion for youth hit hard by the coronavirus pandemic, policymakers emphasized at a specially convened high level roundtable co-hosted by the Intergovernmental Group of Twenty-Four (G-24) and AFI on 19 October as part of the…

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Public-private collaboration bolsters small business recovery

October 22nd, 2020

Public-private collaboration bolsters small business recovery

Public and private sector stakeholders must work together to develop practical solutions that foster sustainable recovery for micro, small and medium-sized enterprises (MSMEs) during the coronavirus crisis, speakers said at a virtual webinar on 20 October.

Despite being the backbone of many economies, MSMEs – particularly those led by women and youth – have been adversely…

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AFI - Vodacom partnership advances financial inclusion in Africa

October 21st, 2020

AFI - Vodacom partnership advances financial inclusion in Africa

Africa’s leading technology communications company Vodacom Group is partnering with AFI under the global network’s public-private dialogue (PPD) platform to advance financial inclusion in Africa through systematic knowledge sharing with financial policymakers and regulators.

The initial partnership with Vodacom, which runs until October 2021, will enhance select AFI…

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ECAPI makes significant strides in financial education, e-KYC

October 16th, 2020

ECAPI makes significant strides in financial education, e-KYC

Greater financial education and efforts to promote digital onboarding are deepening access to formal financial services in Eastern Europe and Central Asia (EECA), experts said at a regional gathering co-hosted by Central Bank of Armenia on 14-15 October.

More than 40 participants from financial sector regulators and policymakers in seven countries representing AFI’s…

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Home Credit partnership builds AFI private sector expertise

October 15th, 2020

Home Credit partnership builds AFI private sector expertise

Home Credit, a global consumer finance provider, has joined AFI’s public-private dialogue (PPD) platform as its new regional PPD partner, helping advance financial inclusion in Central and Eastern Europe and Central Asia through systematic knowledge sharing with financial policymakers and regulators across the region and beyond.

Financial literacy, consumer protection, the…

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Central Bank of Armenia - AFI 6th ECAPI EGFIP & member training

October 14th, 2020

Central Bank of Armenia - AFI 6th ECAPI EGFIP & member training

FOR IMMEDIATE RELEASE

YEREVAN/KUALA LUMPUR (14 October 2020) - Central Bank of Armenia and the Alliance for Financial Inclusion (AFI) are organizing the 6th Experts Group on Financial Inclusion Policy (EGFIP) Meeting and member training on 14-15 October 2020.

Financial sector regulators and policymakers in seven countries representing AFI’s Eastern Europe…

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