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Join the SURF community to receive quarterly information about upcoming SURF sponsored events. You can also contact us at SYS.SURF@phil.frb.org. We welcome your interest and feedback.

SURF Newsletters

View previous spotlights and briefs.

Events

We sponsor seminars, panels, workshops, and conferences in consumer finance, financial innovations, digitalization, payments, financial climate risks, and, more broadly, supervision and financial stability.

Forthcoming events:

The Supervisory Policy Forum (SURF) in partnership with the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Consumer Finance Protection Bureau (CFPB) collaborate in our SURF interagency seminar series open to supervisory agency staff only. Recent and future scheduled presentations include:

  • November 12, 2024: “Interest Rate Risk in Banking” by Arvind Krishnamurphy from Stanford University
  • December 10, 2024: “Fintech Lending to Borrowers with No Credit History” by Paolina Medina from the University of Houston

For additional events sponsored by the Federal Reserve Bank of Philadelphia, please visit the upcoming events calendar page.

Additionally, our partner agencies sponsor a variety of events of interest to the regulatory community. We have started featuring these on the SURF website as a pilot with the FDIC.

  • FDIC Bank Research Conference – This annual conference, organized by the FDIC Center for Financial Research, serves as a platform to discuss innovative research on bank-related topics.
  • FDIC Consumer Research Symposium – Hosted by the FDIC Division of Depositor and Consumer Protection, this event focuses on consumer finance and financial inclusion topics, bringing together academics, regulators, and practitioners.
  • For a comprehensive list of events from the FDIC, visit the FDIC events page.

Highlights from recent events:

The Federal Reserve Bank of Philadelphia hosted the Eighth Annual Fintech Conference on October 22–23, 2024. The goal of the conference series has been to provide a platform for fintech experts from various backgrounds to come together to discuss emerging issues in financial technology, their impact, and the appropriate policy responses. Recorded sessions are available on the conference page.

The Federal Reserve Bank of Philadelphia and the Supervisory Research and Policy Forum (SURF) held the Fifth Workshop on Credit Card Lending, Consumer Finance, and the AI Revolution on June 27–28. This year’s workshop focused on important topics that are likely to shape the consumer finance industry over the next few years: credit card lending, financial innovations, open banking, payment networks, fintech competition, data privacy; and the current and future implications of innovations and adoption of machine learning and artificial intelligence (ML/AI) in consumer finance. The agenda and recordings are available on the conference website.

The Philadelphia Fed’s Consumer Finance Institute; Research Department; and Supervision, Regulation, and Credit Department jointly organized the most recent Mortgage Market Research Conference on May 15–16. The 2024 conference built on the successful first edition of this conference held in 2022. Only select conference presenters opted to make their content available online. For a complete list of presenters and their work, please view the conference booklet.

The Supervisory Policy Forum (SURF) in partnership with the OCC collaborated in the penultimate meeting of our SURF interagency seminar series. In this seminar, Xiaolong Yang, OCC, presented his research, “Banking Unrealized Asset Loss, Liquidity Risk from Uninsured Deposit Outflows and Bank Runs: Evidence from the 2023 Banking Stress.”  SURF also collaborated with the FDIC, OCC, and CFPB on the last meeting of our SURF interagency seminar series, in which Professor Arvind Krishnamurphy from Stanford University presented his research, “Interest Rate Risk in Banking.”

Additional interagency seminars organized by SURF in collaboration with the FDIC, OCC, and CFPB in 2024:

  • May 21, 2024: Rewards and Consumption in the Credit Card Market, Tianyu Han, The University of California, Berkeley
  • September 18, 2024: Bank Competition Amid Digital Disruption: Implications for Financial Inclusion Erica Xuewei Jiang, USC Marshall
  • February 14, 2024: Are (Nonprofit) Banks Special? The Economic Effects of Banking with Credit Unions Andrés Shahidinejad, Northeastern University

View additional prior events in our Youtube playlist and our events repository. You can also visit our Calendar of Events.

Recent Research from the SURF Network

The SURF community is actively involved in advancing the frontier of knowledge in risk management, financial institutions, and financial markets. Here we highlight some of the most recent research and policy work. We have started featuring working papers from our partner regulatory agencies to broaden our scope and foster improved collaboration across the regulatory community. Below are some of the latest FDIC working papers from 2024 as a pilot exercise:

FDIC Recent Featured Research:

For a comprehensive list of FDIC working papers, visit the FDIC 2024 working papers web page.

Federal Reserve of Philadelphia Recent Featured Research:

View prior highlighted research.

Contact us if you would like to propose research to be highlighted in the SURF webpage.

Other News of Interest to the SURF Network

The Federal Reserve Board announced that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT.

The Federal Reserve Board on May 9 released the summary of the exploratory pilot Climate Scenario Analysis (CSA) exercise that it conducted with six of the nation’s largest banks.

The U.S. Department of the Treasury released a report, Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.

The Federal Reserve has published the Large Institution Supervision Coordinating Committee (LISCC) Program Manual. The manual describes the structure, governance, supervisory process, and communication methods that the Board of Governors uses when supervising large, systemically important firms.