The Consumer Financial Protection Bureau (CFPB) has issued a request for information (RFI) seeking ideas on new ways to advance regulatory innovation and compliance.
The bureau is exploring using the same collaborative innovation model that the United Kingdom’s Financial Conduct Authority has had success with, according to a recent notice in the Federal Register.
Read on for more information on Tech Sprints – small teams of regulators, financial institutions and industry experts who work together to develop solutions to clearly-identified challenges using modern technologies and approaches.
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