FDIC opens registration for tech sprint on turning more unbanked into banked

Registration opened Tuesday for participation in a tech sprint aimed at exploring new technologies and techniques to help expand banks’ capabilities to meet the needs of the unbanked, the Federal Deposit Insurance Corp. (FDIC) said.

Announced in June by the FDIC’s tech lab (FDITECH), the tech sprint – “Breaking Down Barriers:
Reaching the Last Mile of the Unbanked” – is described as a call to identify better resources and tools to help banks get the unbanked into the banking system and keep them there.

The FDIC said interested organizations may submit applications requesting participation by 5 p.m. ET July 20. No monetary prizes are associated with this tech sprint, the FDIC said.

A timetable for this tech sprint and registration link are provided on the agency’s FDITECH Tech Sprint page (both linked below).

Tech sprint info


Release: FDITECH Opens Registration for Tech Sprint to Reach the Unbanked