The mission of the International Federation of Finance Museums (IFFM) is to provide a framework for greater collaboration among museums, facilitating the sharing of exhibits, the exchange of scholarship and scholarly resources, and the interchange of information and knowledge. The IFFM also aims to develop and implement innovative ideas and programs to advance financial literacy globally. IFFM members convene annually at an international conference that inspires innovation in the promotion of financial literacy globally, engaging media, academics, policy makers and the financial industry.
The IFFM launched in June 2013 with GFLEC serving as a founder of and adviser to the federation.
- Leveraging best practices among the international community of finance museums
- Sharing exhibits among member museums
- Exchanging scholarship on the topics of financial history and financial literacy
- Expanding access to scholarly resources on financial history and financial literacy
- Facilitating access to affiliated archives
- Participating in annual meetings that spur innovation among finance museums globally
- Increasing exposure with a network that reaches leading media outlets worldwide
- The prospective member organization should include promoting financial literacy in its mission
- The organization should have a physical space open to the public
- The organization should be non-profit. Member organizations may be affiliated with or supported by for-profit entities; member organizations’ activities, however, may not be for commercial purposes or for profit generation
- The organization should recognize English as the language of the IFFM
- No financial commitment is required
Global Financial Literacy Excellence Center (GFLEC)
Washington, D.C., USA
Chinese Museum of Finance (CMF)
Museum of American Finance (MoAF)
New York City, USA
Museum of Saving (MOS)
Given the Covid-19 health emergency, the 2020 IFFM annual meeting was held online on October 2, and saw the involvement, in a dedicated session, of the main Museums of Finance in the world. The event was the occasion to present the booklet “Financial Education in Pandemic Times”, a collection of experiences and best practices which have been implemented by the Museums of finance to face the Covid crisis.
Ottawa (Canada) – Bank of Canada Museum
On October 31 and November 1, representatives from finance museums around the world as well as regulators, policy makers, and private-sector professionals came together at the Bank of Canada Museum in Ottawa for the 7th International Federation of Finance Museums (IFFM) Annual Meeting. The Museum of Saving was delighted to participate sharing its experience on financial education initiatives for socially fragile groups.
Here the programme.
Brussels (Belgium) – European Banking Federation (EBF)
On November 6-7, representatives from finance museums around the world as well as regulators, policy makers, and private-sector professionals came together at the European Banking Federation (EBF) Meeting Centre in Brussels, Belgium for the 6th International Federation of Finance Museums (IFFM) Annual Meeting. The conference was focused on what can be done to boost financial resilience.
Wien (Austria) – FLiP
On the occasion of the 5th International Federation of Finance Museums (IFFM) Annual Meeting, FLIP – Erste Financial Life Park and ERSTE Foundation co-hosted the Financial Education Summit at the Erste Campus in Vienna from 5th – 6th October 2017.
A two-day event to learn more about the current status and the future of Financial Education, foster a stronger international cooperation and raise awareness of the topic.
International experts from academia, finance, media and politics gathered to present their ideas and discuss the importance of Financial Education initiatives.
Here the summit programme and keynotes.
MEXICO CITY (Mexico) – Museo Interactivo de Economia
On September 8, 2016, representatives from finance museums around the world as well as regulators, policy makers, and private-sector professionals came together at the Museo Interactivo de Economía in Mexico City for the 4th International Federation of Finance Museums (IFFM) Annual Meeting.
During the meeting particular attention has been given to the Gender Gap in financial knowledge: several studies confirm that men and women view money matters in a different way and that women show less interest for finance than men.
Partecipating Museums have therefore presented the initiatives they pursued to fill this gap and stimulate reflection on how women can gain greater awareness in the management and enhancement of their savings.
All these experiences have been collected in the following downloadable toolkit:
Next year’s annual meeting will be hosted by Erste Financial Life Park (FliP) in Vienna, Austria.
BEIJING (China) – Chinese Museum of Finance
The Chinese Museum of Finance hosted the 3rd IFFM annual meeting (Oct. 31 – Nov. 1, 2015). The meeting was followed by the Global Financial Museum Expo which brought together experts from around the world to discuss financial literacy and financial inclusion and to honor colleagues working in that arena.
TURIN (Italy) – Museum of Saving
The Museum of Saving in Turin, Italy, hosted the 2nd Annual Meeting of the International Federation of Finance Museums (IFFM). The day-long conference was attended by representatives from over ten countries, who discussed best practices in financial education, the significance of the Programme for International Student Assessment (PISA) data for finance museum education, and possible collaborations among the members.
NEW YORK (U.S.A) – Museum of American Finance
On June 19, 2013, the leadership of finance, saving, and money museums from twelve countries and four continents came together with leading academics in financial literacy for the Inaugural Annual Meeting of the International Federation of Finance Museums (IFFM).