Our tech sprints bring together a variety of stakeholders in a collaborative, transparent way using advanced technology to develop concrete solutions for challenging issues faced by the Bureau and the people we serve.
Current & Upcoming
Promoting Competition in the Credit Card Market
July – October 2023
CFPB is partnering with The Opportunity Project to host a tech sprint intended to better enable consumers to shop for the best credit card to meet their needs and promote competition in the credit card market.
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How Tech Sprints Work
Our tech sprints can take on various forms including traditional “hackathon” style events, competitions, and month-long engagements. Sprints can be virtual, in-person, or a combination of both. We provide the problem statement, collaboration platforms, and subject matter experts for consultation across the week. Participants provide their own technology, suitable to their chosen project, data and processing needs; most valuably, they provide their time and expertise.
We work collaboratively to develop the problem statements for each sprint. Topics and problem statements have been inspired by multiple sources including public comments, discussions with external stakeholders, and feedback from CFPB advisory board members.
During each tech sprint week, teams interact with CFPB staff, fellow tech sprint participants, and subject matter experts as they “hack” on their determined solution. The tech sprint week culminates in a Demonstration Day where each sprint team shares their innovation with a panel of evaluating experts.
Past Tech Sprints
Assistance for Low-Income Renters and Small Landlords
August 18 – December 5, 2021
Develop innovative digital tools to prevent financial hardship and housing insecurity by raising awareness of housing assistance resources and connecting at-risk households with housing assistance.
Home Mortgage Disclosure Act (HMDA)
March 22-26, 2021
Innovate in HMDA data submission, processing, and publication through new HMDA Platform tools and technologies.
October 5–9, 2020
Develop and test innovative approaches to electronic delivery of Adverse Action Notices required under the Equal Credit Opportunity Act and the Fair Credit Reporting Act.