Page 10 - ITU-T Focus Group Digital Financial Services – Executive Summary

ITU-T Focus Group Digital Financial Services
Executive summary

• The Bill & Melinda Gates Foundation’s (BMGF) Level One Project Guide (L1P); 11

• A variety of reports developed by CGAP , GSMA , and the Alliance for Financial Inclusion (AFI) , a
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network of financial regulatory institutions from developing countries.
Next steps
To build upon the momentum developed through the Focus Group, the BMGF, the CPMI, the ITU, and the
WBG – in collaboration with other public- and private-sector stakeholders – are seeking to launch a global
initiative on financial inclusion. This multiparty initiative expects to work with several countries to strengthen
the enabling environment for DFS through implementation of the recommendations and principles developed
by the ITU, CPMI, WBG, and the BMGF. 15

We welcome your input and support as we continue our collaborative work to develop safe, enabling DFS
ecosystems that provide valuable services to poor and underserved consumers in a commercially sustainable
manner.

Sacha Polverini
Chair, ITU FG-DFS

11 Bill and Melinda Gates Foundation, Sept. 2015, The Level One Project Guide-Designing a New System for Financial Inclusion,
https:// www. betterthancash. org/ tools- research/ resources/ the- level- one- project- guide- designing- a- new- system- for- financial-
inclusion
12 CGAP, http:// www. cgap. org/ publications
13 GSMA, http:// www. gsma. com/ mobilefordevelopment/ resources- 2? utm_ source= Nav
14 Alliance for Financial Inclusion, http:// www. afi- global. org/ publications/
15 See Sacha Polverini (2016), ITU to Join New Global Initiative to Expand Digital Financial Inclusion, http:// www. afi- global. org/
publications/

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