WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) said it is extending the deadline for its special monthly virtual FinCEN Innovation Hours Program on June 10, 2021.
That program will focus on the role of underserved groups in developing technology to fight illicit financial activity and protect the nation’s security.
FinCEN said it encourages participation by financial technology (fintech) and regulatory technology (regtech) companies, venture capital and investment firms, and financial institutions majority founded, owned, or managed by underserved groups.
“This event will highlight the important contributions that underserved groups provide to responsible innovation efforts and will ensure that FinCEN learns from an increasingly diverse audience,” FinCEN said.
Interested companies should submit a request online no later than May 24 and provide applicable background information about their firm’s business and innovative products. Only firms listed under the Small Business Administration’s Certification Program (8a, Woman-owned, Economically Disadvantaged) in the Dynamic Small Business Search (DSBS) will be considered for participation in the demonstration sessions.