FinCEN’s Innovation Hours Program
Welcome to FinCEN's Innovation Hours Program. Private sector innovation, either by new ways of using existing tools or by adopting new technologies, can help provide new and more efficient means of providing financial services to consumers and businesses and help financial institutions enhance their anti-money laundering (AML) compliance programs and contribute to more effective and efficient record keeping and reporting under the Bank Secrecy Act (BSA) framework. Responsible innovation can be an important part of safeguarding the U.S. financial system against new and evolving threats related to money laundering, terrorist financing and financial crimes. Innovation Hours offers financial institutions, technology providers, venture capital, and other firms involved in financial services an opportunity to discuss and showcase their innovative products, services, investments, and business processes or approaches designed to enhance AML and the countering of the financing of terrorism (CFT) efforts or provide new financial services options to consumers and businesses. Innovation Hours will foster a better mutual understanding by the public and private sector of the opportunities and challenges associated with innovating in the financial services sector, including AML/CFT-related products and services.
For more information about FinCEN's Innovation Hours Program, including the criteria to participate, please see the Frequently Asked Questions (FAQs)
|Date:||Second Thursday of each month, unless otherwise arranged|
9:00am to 1:00pm EST, unless otherwise arranged
FinCEN plans to occasionally hold Innovation Hours outside of the Washington, DC metropolitan area or on a specific financial services-related topic. FinCEN will publicly announce and provide an open registration for the specific dates for these regional Innovation Hours or special topic workshops at that time and how they will occur (in-person or as virtual events).
Through the virtual meeting format, FinCEN is helping ensure that any financial technology (FinTech) and Regulatory technology (RegTech) companies, related venture capital firms, or financial institutions can continue to present their innovative products and services FinCEN and continue engaging on solutions designed to improve how consumers and businesses move money, conduct transactions, or ultimately enhance AML/CFT efforts to keep Americans, and our financial system, safe from harm.
Request a Meeting!
To apply for an appointment please click on “Request a Meeting” below and provide your contact information and a summary of your reasons for requesting a meeting with FinCEN, including a description of your financial services-related innovation and its relationship to the BSA framework and related AML/CFT obligations. We strongly encourage firms founded, owned, or managed by minority or other historically under-represented groups to apply.
Please note that FinCEN may not be able to accept all requests.