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within Intellectual Property, Food, Drugs, Healthcare, Life Sciences, Government and Public Sector topic(s)
FDIC Chair Jelena McWilliams asked technology experts to join the agency
and "reshape our supervisory approach in a rapidly evolving
digital world."
In a recent article published in the American Banker, Ms.
McWilliams solicited "techies" to join the agency and
encouraged FinTech firms to engage with her on how banking
organizations can offer new products and services to customers. She
stated that without technological innovation, the FDIC regulatory
framework will not be able to "evolve."
Ms. McWilliams added that the FDIC implemented
"FDiTech" as a laboratory to foster technological
advances through bank and FinTech collaboration. She appealed,
specifically, for those interested in the role of Chief Innovation Officer to lead FDiTech.
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