Financial Inclusion Global Inititative (FIGI) Symposium

Dec 01, 2017

CDFI participated in the first edition of the Financial Inclusion Global Initiative (FIGI) Symposium, hosted by the Ministry of Telecommunications, Government of India held in Bengaluru between November 29– December 1, 2017.

The Financial Inclusion Global Initiative (FIGI) was launched earlier in the year by the International Telecommunication Union (ITU), the World Bank Group (WBG) and Committee on Payments and Market Infrastructures (CPMI), with support from the Bill and Melinda Gates Foundation with the objective to support and accelerate the implementation of country-led reform actions in developing and emerging markets to utilise the potential of digital technologies to meet national financial inclusion targets and the global “Universal Financial Access 2020” goal.

The theme of the symposium was Innovative approaches to digital financial inclusion challenges and was attended by more than 150 stakeholders in DFS space including telecom and financial regulators, central banks, mobile network operators, government officials and policymakers, national and international organisations. The symposium featured a series of panels and worskhops on several thematic areas which are essential for digital financial inclusion.

Shri Krishnan Dharmarajan, ED, CDFI was invited to be a part of the thematic workshop on Gender Issues in Digital Financial Services on 30th November, 2017. The discussion was moderated by Jamie Zimmerman, Senior Program Officer, Bill and Melinda Gates Foundation and the other panellists included Ms. Padma Iyer Kaul, DDG, DoT, Ministry of Telecommunications, GOI; Nathan Naidoo, Director Regulatory, GSMA; and Hemant Baijal, V-P, Global Public Policy, MasterCard.

CDFI participated in the event and showcased its innovations to the larger DFS ecosystem in the exhibition area. The exhibition was inaugurated by the Minister of State for Telecommunications, Govt of India, Shri Manoj Sinha, who also spent some time at the CDFI stall, expressing a keen interest in the showcased solutions.