Artificial intelligence’s potential to improve financial inclusion monitoring was highlighted during AFI Working Group meetings in Phnom Penh.
On 22 to 25 June, AFI and the National Bank of Cambodia (NBC) co-hosted meetings of AFI’s Financial Inclusion Data and Impact Working Group, and Financial Inclusion Strategy Peer Learning Group.
“Artificial intelligence is changing what is possible in financial inclusion data, helping us move beyond static survey snapshots towards real time monitoring and usage patterns, drawing on transactions and mobile data,” said NBC Governor, Dr. Chea Serey. “This can detect early signs of over indebtedness or financial distress, and identify pockets of exclusion by geography, gender or income with far greater precision than traditional methods.”
“In many jurisdictions, data and strategy have too often lived in separate rooms, producing numbers and plans in isolation,” said AFI’s Director of Policy Programs and Implementation, Dr. Eliki Boletawa, Director. “By bringing the two together, we can stimulate conversations which support evidence-based policymaking and which allow us to build measurement frameworks that capture real outcomes.”
You can learn more about AFI’s working groups on their webpages: