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AIR is a global nonprofit, non-membership organization dedicated to ensuring that the digital transformation of finance is matched by digital transformation of financial regulation, equipping regulators to meet their mandate to make the financial sector resilient, inclusive and fair.

Financial regulation should be a potent force for good. It should operate as an invisible force in people’s lives, ensuring that consumers are shielded from discrimination and abuse, that small businesses can access capital, that criminals cannot use the banking system to hide illicit activity, and that financial catastrophes are averted. AIR educates, connects, and supports the regulatory ecosystem to help realize these goals.

The Latest


INITIATIVE • NextGenAI Explores the Future of Financial Oversight and Consumer Protection

NextGenAI is a multi-faceted initiative that delves into the potential impact of Generative AI (GenAI) on financial services and financial regulation through a series of thought-provoking and engaging activities.

VIDEO • NextGenAI: The Future of Financial Oversight and Protection

Through the NextGenAI initiative, AIR aims to investigate the potential of GenAI to foster efficient and effective consumer protection, enable enhanced regulatory compliance within financial institutions, and support cost-efficient, timely and more effective regulatory supervision.

Michael Wiegand with Jo Ann Barefoot on the Barefoot Innovation Podcast

PODCAST • How to Include Everyone: The Gates Foundation’s Michael Wiegand

Michael talks about the global evolution of financial inclusion and the Bill & Melinda Gates Foundation’s ongoing efforts. Learn about digital financial inclusion, consumer protection, digital public infrastructure, and barriers to fair finance.

INITIATIVE • AIR Initiative to Create Digital Transformation Road Map for MDIs

The MDI ConnectTech initiative helps participating Minority Depository Institutions assess their technology capability, identify digital offerings to benefit their customers, and establish a road map to implement third-party digital solutions.

WHITE PAPER • Incentivizing Gigaton-Scale Carbon Dioxide Removal via a Climate-Positive Blockchain

The paper looks at a new crypto token that incentivizes the removal of carbon dioxide from the atmosphere at gigaton scale using direct air carbon capture and storage (DACCS).

ARTICLE • How MDIs Are Focusing on Technology Needs to Drive Their Mission

Like all small financial providers, Minority Depository Institutions face a challenging environment staying competitive in the digital era. Through a program developed by AIR, the National Bankers Association and Inclusiv, some MDIs are upping their digital game.

EVENT • Make Money Green: How a Changing Climate Affects Financial Regulation

Global efforts to fight climate change mean new challenges and opportunities for companies and regulators, shining a light on everything from the financial stability risk of extreme weather to green financing initiatives to crypto miners’ energy use.

WHITE PAPER • Regtech Manifesto: Redesigning Financial Regulation for the Digital Age

In 2020, the Alliance for Innovative Regulation published this road map for a gradual but urgent conversion of the financial regulatory framework to a digitally native design. One former U.S. agency head called it “the bible for every regulator.”

WHITE PAPER • AIR and Google Release Paper on Applying Model Risk Management Guidance to AI

The paper argues that MRM guidance, given its broad, principles-based approach, continues to provide an appropriate framework for assessing financial institutions’ management of model risk, even for Risk AI/ML models.

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