GPFI

International Seminar on Digital Financial Inclusion (2 February 2022)

The Indonesia G20 Presidency held an International Seminar on Digital Financial Inclusion on 2 February 2022, back to back with the First Plenary Meeting. The objective of the seminar was to showcase policy and program to expand the use of digital financial services in supporting economic and financial inclusion. The seminar also shared best practices of the use of affordable and responsible digital financial services from policy makers, regulators, industries, and other relevant stakeholders to boost financial inclusion. Read More

GPFI holds its first Plenary under the Indonesian Presidency

On 3-4 February 2022, the GPFI met virtually for the first time under the Indonesian G20 Presidency. Group members discussed the GPFI work programme for 2022, based on the priorities established by the Presidency and the commitments in the GPFI's Financial Inclusion Action Plan (FIAP). The Plenary agenda focused on three topics: (i) Digital Financial Inclusion; (ii) SME Finance; and (iii) the OECD review of the G20 High-Level Principles on Financial Consumer Protection. Read More

High-Level International Symposium

On 4-5 October 2021, the Italian G20 Presidency hosted in the premises of the Bank of Italy in Rome the G20 GPFI High-Level International Symposium 'Coping with new (and old) vulnerabilities in the post-pandemic world'. The aim of the Symposium was to present to the international community the work carried out by the GPFI in 2021 and to hear from high-level academic and institutional experts on how to leverage on digitalization to leap forward in terms of financial inclusion, while limiting the risks of exclusion related to digitalization itself. Specialists shared their insights and knowledge on the impact of digital finance on financial inclusion of individuals and SMEs, including by gender, and the role that financial education and consumer protection can play in overcoming knowledge barriers, build trust and guide innovation towards more customer-oriented and responsible digital financial products. The 2-day Symposium was opened by Her Majesty Queen Maxima of the Netherlands, Honorary Patron of the GPFI, and hosted the introductory remarks of the Governor, Mr. Ignazio Visco, on the first day and of the Minister of Finance, Mr. Daniele Franco, on the second day. Read More

G20 Menu of Policy Options

Informed by the main results stemming from four of the six Reports produced by GPFI implementing partners (link to the other news), the GPFI under the Italian G20 Presidency delivered the G20 Menu of Policy Options for digital financial literacy and financial consumer and MSME protection “Enhancing digital financial inclusion beyond the COVID-19 crisis”. The Policy Options contained in the Menu are grouped into three pillars: (i) addressing the impact of the crisis and thinking ahead; (ii) leveraging digitalization for a leap forward in financial inclusion; (iii) addressing new and exacerbated risks and vulnerabilities. A technical annex complements the Menu, providing concrete examples of good practices and effective policy approaches to drive action of governments of G20 countries and beyond in adopting policies to leap forward in financial inclusion, in light of the new challenges and opportunities involved by the growing digitalization of finance. View Dr. Magda Bianco, Head of Directorate General for Consumer Protection and Financial Education of the Bank of Italy, speak about the G20 Menu Policy Options here. Read More

International Seminar on Digital Financial Inclusion (2 February 2022)

GPFI holds its first Plenary under the Indonesian Presidency

High-Level International Symposium

G20 Menu of Policy Options

Welcome to the Global Partnership for Financial Inclusion

Why Financial Inclusion?

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