AIR is a global nonprofit leveraging digital modernization to help build a financial system that serves everyone and produces widespread financial health.

Financial regulation works as an invisible force shaping people’s lives. It aims to prevent mistreatment, bias, instability and corruption while ensuring that everyone has equal access and fair opportunity. Jo Ann Barefoot and David Ehrich founded AIR in 2019 to strengthen this force through new technology.

Digitization is transforming finance at an exponential pace, creating both risks and opportunities for consumers and competitive markets. Effective regulation is the key to countering threats to privacy, security and fairness and to ensuring positive impacts. AIR works with regulators and other government agencies to identify, develop and scale responsible innovations that solve systemic problems, including financial exclusion, race and gender discrimination, deceptive and predatory practices, climate change, economic instability, and financial crimes like human trafficking.

Neither a trade group nor member-based organization, AIR is a non-partisan 501c3 working with governments, consumer advocates, fintechs, regtechs, financial institutions, NGOs and academics throughout the world to advance fair finance.

Power of empowerment: Takeaways from Swanari TechSprint

AIR was a partner with India’s Reserve Bank Innovation Hub on a tech competition and ideas forum exploring digital financial services solutions for women’s economic advancement.


Three years ago, AIR didn’t even have a logo. We’ve come a long way since

The Alliance of Innovative Regulation launched in mid-2019 with a small, devoted staff and a huge mission. Since then, the organization has more than tripled in size, facilitated digital regulatory solutions and fostered a global conversation about digitizing financial oversight.


Bank regulators need to overhaul their digital capacity

In an op-ed published by American Banker’s BankThink, Alliance for Innovative Regulation co-founder Jo Ann Barefoot makes the case for bank regulators to seize the opportunity to overhaul their digital capacity.


AIR CEO touts benefits of AI to enhance regulators’ digital capability

In a paper published by the Brookings Institution, Alliance for Innovative Regulation co-founder Jo Ann Barefoot lays out multiple use cases for government agencies to use artificial intelligence to power their innovation strategies.


Companies that excel at diversity also lead the innovation pack

A review of years of studies shows that organizations favoring diverse thinking, staff heterogeneity and inclusiveness formulate and execute the best new ideas. Written by AIR’s Nick Cook.


MOONCLAVE Aspen Summit

MOONCLAVE is a crypto-first event created by industry insiders. Moonclave Aspen was created to be a more intimate, executive-focused event that reflects the needs and objectives of businesses in this new reality. Jo Ann will have the honor of speaking at this inaugural summit on the panel “Working toward responsible regulation in blockchain.”


Letter Calling for Presidential Commission to Create Financial Inclusion Strategy

AIR is proud to join The Aspen Institute Financial Security Program (FSP) and a coalition of over 30 financial and tech companies and nonprofits calling for the Treasury Department to establish a Presidential Commission to create a national, interagency financial inclusion strategy.


Latest Podcast

Force of Nature: Ribbit Capital’s Sigal Mandelker on How to Modernize Government Technology

Today’s show is different. Jo Ann’s guest, Sigal Mandelker, is the former U.S. Undersecretary of the Treasury for Terrorism and Financial Intelligence, and she talks to us with exceptional reflection and, frankly, frustration, about why and how we need our government to work better. That’s not a novel theme, of course – the world is noisy with critiques of government. Sigal’s message is distinct, though, and desperately needs to be heard, because it’s about technology.


AIR Events


Make Money Green: Climate, ESG and Financial Regulation

Green finance represents a new frontier for financial companies and their regulators. As demand rises for information on climate and other environmental, social and governance (ESG) performance, regulators will be challenged to identify and mitigate the financial system risks that are emerging.

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Into the Cloud: Whether, Why and How Financial Institutions Are Adopting Cloud Computing

In this webinar, we explored where we are today in terms of cloud adoption in financial services: how is it being adopted, what is it enabling, what opportunities does it enable, how can risks be addressed, and what regulatory barriers exist?

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Developing the Digital Regulator

As digitization and software transform how the world engages in financial activity, it’s time to ask whether regulators have the culture, tools, and technology needed to keep pace. Some have argued that regulators need to become more like the quantitative and digital firms that they regulate by leveraging next-generation technologies and talent. Using status quo approaches, can financial regulators detect risks in fast-changing markets, including those related to cybersecurity, fraud, financial crime, and trading manipulation? Can they properly monitor, detect, and assess bias in consumer-facing models? This program sought to answer these questions in two ways.

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