And the entire project is being closely coordinated among the twelve Reserve Banks, the Board of Governors, numerous vendors and service providers, approximately 13,000 customers, and numerous other government agencies.
AFI’s vision is to expand financial services to at least fifty million people across the globe living on less than two dollars a day by 2012. The AFI currently concentrates on six policy areas, namely, Agent Banking, Mobile Phone Banking, Diversification of Financial Service Channels and Providers, State Bank Reforms, Financial Identity and Consumer Protection. AFI’s mandate, however, will be widened as need arises.