FDITECH Selects Three Winning Teams in Tech Sprint to Reach the Unbanked — 2021-09-13

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the selection of three winning teams in a ‘tech sprint’ designed to explore new technologies and techniques to help banks meet the needs of unbanked consumers. The tech sprint’s evaluation panel selected the following organizations as winners in the following categories: National Asian American Coalition, Talino Market Readiness NAAC-Talino Finance Venture Labs Effectiveness/Impact Onramp Amazon Web Services, Narmi, Galileo FDIC Chairman Jelena McWilliams said, “This is only a first step. I encourage all of our participants to continue to engage with us and share their ideas and expertise on how we can support innovation as a bridge to financial inclusion.” Background On July 6, 2021, FDITECH launched Breaking Down Barriers: Reaching the Last Mile of the Unbanked.