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FinCEN Extends Application Deadline for Special Monthly Innovation Hours Sessions for Underserved Groups Developing Technology to Fight Illicit Financial Activity

The Financial Crimes Enforcement Network (FinCEN) is extending the deadline for its special monthly virtual FinCEN Innovation Hours Program on June 10, 2021, which will focus on the important role of underserved groups in developing technology to fight illicit financial activity and protect the nation’s security.  FinCEN 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.  Interested companies should submit a request online no later than May 24, 2021, 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. 

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