The ASEAN Financial Innovation Network (AFIN) announced today that Experian has joined its Strategic Advisory Council. AFIN is established by the ASEAN Bankers Association, the International Finance Corporation and the Monetary Authority of Singapore. AMTD Foundation and Mastercard are its Corporate Founding Members.
AFIN is a non-profit organisation founded by the ASEAN Bankers Association (ABA), the World Bank's IFC and the Monetary Authority of Singapore (MAS). Its Corporate Founding Members are AMTD Foundation and Mastercard. AFIN's objective is to support experimentation and collaboration between financial institutions and financial technology service providers so as to promote greater financial innovation and inclusion in ASEAN and beyond. AFIN has launched an open-architecture platform, API Exchange (APIX), to support such collaborations across the region. The focus of its efforts will be on helping financial institutions to expand access to finance, especially in the less developed markets in the region.