Alliance for Innovative Regulation (AIR)

AIR is a nonprofit, non-membership organization working to make the financial system fully fair, innovative and highly resilient through responsible use of new technology. By connecting regulation, finance, technology and society, AIR drives global innovation and collaboration to overcome the system’s legacy shortcomings and prepare it for rapid technology change.

Financial regulation works as an invisible force shaping people’s lives. It aims to prevent mistreatment, instability and corruption while ensuring that everyone has access and fair opportunity. Jo Ann Barefoot and David Ehrich founded AIR in 2019 to strengthen this force through new technology. AIR helps government and industry develop and scale up responsible innovation to solve entrenched problems, including financial exclusion, discrimination, deceptive and predatory practices, climate change, economic instability, and financial crimes like human trafficking.