The Federal Deposit Insurance Corporation (FDIC) and Santa Clara University are partnering to host a series of public webinars to explore the opportunities and challenges in leveraging big data for the banking industry. "Banking on Data: Great Possibilities, Great Responsibilities" is a series of five webinars scheduled throughout the year to include industry leaders, academics and technologists on the use of new data analytics to improve the efficiency, competitiveness, and security of the nation's banking and financial system. The presentations will highlight the opportunities and challenges for financial institutions, consumers, and the financial system created by the use of big data and applied technologies.
https://www.fdic.gov/news/events/banking-on-data/
The FDIC-Santa Clara University webinar schedule will include:
April 15: Possibilities of Data in Finance and Banking – FDIC Chairman Jelena McWilliams will kick-off this session focusing on the application of new methods, tools, and techniques to identify patterns from large data sets.
May 20: What do New Data Mean for Banks and Consumers? – Financial institutions are looking to use big and alternative data in the development of new products and services. This webinar will explore policy implications and the impacts on consumers.
June 17: Ethics of Artificial Intelligence and Machine Learning – This session will examine a broad range of policy issues and consumer impacts on the application of AI and machine learning in financial decision-making. This will include transparency, ethics, potential bias, and expectations vs. reality.
September 16: Open Banking – A panel of experts will explore the policy implications and consumer impacts of enabling 'open banking' through application programming interfaces (APIs), privacy laws, data ownership and liability standards.
October 21: Improving Financial Regulation (RegTech/SupTech) – The FDIC's Chief Innovation Officer Sultan Meghji will moderate a panel of experts to discuss a range of perspectives on how innovative new technologies can lead to better outcomes for consumers, banks, and regulators alike.
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Alex Kaluza
Research Coordinator/ Analyst
Cloud Security Alliance
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