How the FDIC and Duke University are driving bank innovation

In a strategic partnership to support technical innovation in the banking and financial services sectors, the Federal Deposit Insurance Corporation (FDIC) and Duke University’s Pratt School of Engineering recently announced an agreement to collaborate on artificial intelligence, risk management, quantitative research and cybersecurity at the FDIC and U.S. banks. In this episode of “The Buzz” podcast, we learn how the FDIC’s Tech Lab (FDiTech) and Duke faculty and students will work together.   Listen as Jimmie Lenz, director, Master of Engineering in FinTech and Master of Engineering in Cybersecurity and Visiting Professor of Financial Economics at the Pratt School of Engineering, Duke University, discusses the arrangement with the FDIC and how the engineering school is facilitating those efforts. Lenz also explains the best ways to prevent and mitigate cyber risks at financial institutions in this Bank Automation News podcast.