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

Digitization is transforming finance. “Responsible innovation” can help solve systemic ESG challenges – financial exclusion, race and gender bias, predatory practices, financial crimes like human trafficking, and climate change. At the same time, innovation can threaten privacy, security, and fairness. 

Founded by Jo Ann Barefoot and David Ehrich, AIR helps regulators and risk managers counter these dangers and optimize the financial system for the digital age. 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.

Vision

AIR envisions a world where digital modernization of the regulatory system will redress systemic inequity in financial services creating a fair financial system for all.

Mission

AIR’s mission is to promote a fair financial system by helping catalyze the transformation of the global financial regulatory system to a digitally-native design.
AIR seeks to make financial services inclusive, accessible, and affordable for everyone; protect consumers from discrimination and predatory practices; and stop financial crime (e.g. money laundering and human trafficking).