NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, September 24, 2013

PRESS RELEASE — Financial Inclusion 2020 today announced the launch of the Roadmap to Financial Inclusion, a series of recommendations designed to expand access to quality financial services globally. The Roadmap focuses on five crucial areas: technology, meeting customer needs, credit reporting, financial capability and client protection. Through the Roadmap, FI2020 is convening diverse actors across the private and public sectors to unite around a common vision and series of action steps going forward.

A centerpiece of FI2020, the Roadmap builds on global, national and local initiatives that are already serving new and lower-income customers in innovative ways. FI2020’s working groups brought together more than 40 leading organizations to build the Roadmap. The five working groups were chaired by representatives from Citi Foundation, CGAP, Visa Inc., the International Finance Corporation and the Center for Financial Inclusion at Accion.