FDiTech to Host Virtual “Office Hours” on Banking-Related Innovation — 2021-04-29

Initial sessions to focus on artificial intelligence and machine learning WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced that it will host a series of virtual ‘office hours’ to hear directly from a range of stakeholders regarding current and evolving technological innovations in the business of banking. Hosted by the FDIC’s tech lab, FDiTech, and FDIC Chief Innovation Officer Sultan Meghji, these hour-long, one-on-one sessions will provide insight into the important role innovation plays in transforming banks and enabling regulators to conduct efficient and effective oversight. “Thoughtful innovation requires listening,” said FDIC Chief Innovation Officer Sultan Meghji. “These virtual office hours will provide another direct avenue for the FDIC to hear from those on the front lines of financial innovation about how we can build a more inclusive and resilient banking ecosystem.” FDiTech seeks to evaluate and promote the adoption of innovative and transformative technologies in the financial services sector and to improve the efficiency,