AI for Financial Inclusion

Event: 3rd Asia Finance Forum: The Future of Inclusive Finance

AI for Financial Inclusion

05 November 2019
Author / Speaker: 
Meri Rosich, Visa Consulting and Analytics
Email the author | Other materials by the author

View Slides

Digital payments are an “on-ramp” to financial inclusion and Visa has spent the last 60 years connecting hundreds of millions of people and organizations to a global system that enables fast, safe, and reliable financial transactions. In 2015, Visa publicly committed to provide payments accounts to another 500 million people who do not use banking services, as part of the World Bank’s call for Universal Financial Access by 2020, and we are excited to pursue this marvelous goal. AI and machine learning are embedded in Visa's products and infrastructure and are used to identify and prevented billions of dollars in fraud, maintain our infrastructure, and develop new value-added services. Machine learning has the potential to identify and prevent bias in personalized services and enable new solutions to provide access to financial services such as credit scoring for unbanked populations safely and ethically.   

The workshop will cover the following issues:

  • Background and cases on financial inclusion and trends in Asia and the Pacific
  • New AI methodologies that leverage data and its application for financial inclusion
  • Model AI governance frameworks for AI accountability and ethics for digital payments 
Geographical Focus: 
Type of Content: 
Learning Event


The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.