Home
AIR's NextGenAI Initiative
Impact of Our Work
Consumer Protection
Crypto, Blockchain and DeFi
Emerging Markets
Greening of Finance
Financial Crime
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
WHITE PAPER • AI: Transforming the Future or Triggering Fear?
Authored by AIR Senior Advisor and former global regulator F. Christopher Calabia, this paper examines the transformative potential and risks associated with the deployment of generative artificial intelligence (GenAI) in the financial services sector.
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.
PODCAST • Fintech 2.0: Itai Damti and Alex Acree of Unit
Itai Damti and Alex Acree delve into Unit’s design as a “technology operating system” for bank-fintech partnerships, the legal framework they establish between partners, and their view that compliance must be built into these systems from the start.
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.
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.
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.
Follow AIR on Social Media
Follow AIR on LinkedIn
Follow AIR’s Team on LinkedIn
Shelley Anderson
Jo Ann Barefoot
Nick Cook
Aye Diallo
Elise Donahue
Lexi Frazier
Mariama Jalloh-Heyward
Danae Kelly
Grace Mathebula
Nitya Malladi
Kisha Perkins
Randy Repka
Joe Schember
Katie Smith
Mike Thompson
Carmen Versluis
Get involved
Stay informed by joining our mailing list