Public-private sector dialogue advancing financial inclusion through digital financial services in Russia

Alliance for Financial Inclusion Blogs

Mikhail Mamuta and John Owens

AFI and the Central Bank of Russia workshop “Digital Financial Services: Promoting Financial Inclusion” panel is pictured in Moscow in October 2014.

Learning from legislative and regulatory practices in countries which have successfully launched new digital financial service approaches, as well as maintaining an open dialogue with the private sector are essential for countries wishing to harness digital financial services to advance financial inclusion. This was the theme of the recent Alliance for Financial Inclusion (AFI) and Central Bank of Russia (CBR) workshop entitled “Digital Financial Services: Promoting Financial Inclusion” held in Moscow in October 2014.

The workshop focused on these key issues:

  • Digital financial service trends in Russia and around the world;
  • The example of M-Pesa in Kenya and Romania to support digital financial services;
  • Risk mitigation and management for digital financial services;
  • Which players are ready to offer digital financial services in Russia?…

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