American Fintech Council

It was a tremendous honor to be joined by U.S. Senate Majority Leader Chuck Schumer for our inaugural #CEO Network Roundtable in New York City! Nearly 30 #AFC company leaders heard the latest update on the bipartisan senate efforts on #AI and discussed the importance of embracing responsible innovation to serve American families and remain a world leader! We were also joined by our great friend Brandon Milhorn, President and CEO of the Conference of State Bank Supervisors (CSBS) who participated in a fireside chat with Phil Goldfeder to discuss his time at the FDIC and his work and priorities in his new role! He emphasized the importance of engaging state regulators and setting standards for innovation! Special thanks to our partners, friends and hosts at Morrison Foerster including Jeff Silberman and Evan Minsberg! We look forward to our next one!

We applaud the nomination of Christy Goldsmith Romero by the The White House to be the next Chair of the Federal Deposit Insurance Corporation (FDIC) and urge an expeditious and bipartisan confirmation. We have had the privilege to work with Commissioner Goldsmith Romero and she has proven her deep commitment to public service, a willingness to engage with industry leaders, and a shared interest in financial inclusion through responsible innovation. Whether appearing at our Policy Summit or engaging with our team, Commissioner Goldsmith Romero has shown a willingness to foster collaboration and improve outcomes for both consumers and industry participants, which aligns with AFC’s mission to promote affordable, responsible, and transparent financial products. Pragmatic regulators’ continued engagement with responsible innovators can create a future of finance that serves consumers without compromising on their safety and protection. https://lnkd.in/ehEpRqxn

🤝 New Partnership Alert! 🤝 “Travillian and the American Fintech Council share the same mission — to strategically partner long-term with entrepreneurial BaaS banks and fintechs who provide essential financial services to their customer base,” said Keith Daly, Principal, Banking and Fintech Search at Travillian. “AFC represents the largest and most diverse cross-section of innovative financial services and fintech companies, and we are excited to formalize our partnership and get to work.” Read Full Press Release Here: https://lnkd.in/eJHaJYdv

Ian P. Moloney joined so many of our partners and members in #Chicago celebrating the great work of the Woodstock Institute. Led by our friends Horacio Méndez, Brent Adams and so many others dedicated staff, we have worked to build rationale interest rate caps and consumer protections for Illinois consumers without stifling #Access to #Safe and #Affordable #Credit Our Community Advisory Board #CAB is made up of some of the most dedicated and hardest working consumer advocates and it is our pleasure to find opportunities to thank them for their tireless partnership! #PLPA

Last week was such a whirlwind for team #AFC as we crisscrossed the country for the most influential conferences and events where we spend time with so many of our members, partners and friends! Ian P. Moloney spent valuable time at Financial Health Network #EMERGE speaking about #Responsible #Financial #Access! Great to see so many of our members including Laura Kornhauser and Deniz A. Johnson of Stratyfy, Claudia Flores of DailyPay, Inc., Chris LaConte of Self Financial, Inc. (no, we didn’t take a selfie) and so many more!

Our inaugural General Counsel (GC) Network Roundtable, held at a restaurant in #NewYorkCity, was a huge success! Such a unique opportunity for team #AFC including Rebecca O'Mara, Elizabeth Gorz and Phil Goldfeder to join a diverse group like this to share their individual and collective challenges as the legal leads at their banks and fintech companies. We also had the privilege to be joined by former New York State Department of Financial Services Superintendant Ben Lawsky who shared his experience leading the regulatory agency at a time when #fintech was emerging and whose leadership at the agency is still lauded today! Special thanks to our host and great friend Jeremy Creelan and his colleagues at Jenner & Block for their tirelss support of #AFC and for their commitment to supporting their clients and our members!

It's Friday at that's a wrap! Catch the latest update from #AFC including our important collaboration with the Office of the Comptroller of the Currency our amazing roundtables and the many states we travelled to this week in addition to all the #economic, #regulatory, #policy news you need and want! Special thanks to our great friends and partners at Davis Wright Tremaine LLP for their tireless friendship and support! 📰 📰 📰 https://lnkd.in/e5ZpB3tD

It is a pleasure to have partners and members who are safely and responsibly innovating financial services and taking the time to share what they have learned with others for the benendit of the entire ecosystem! Phil Goldfeder was in #Chicago at The U.S. Fintech Symposium for a panel discussion on the main stage with Dan Carmody, CTP, Jesse Honigberg of Customers Bank and Chris Siemasko of infinant Inc to discuss collaborating for maximum impact with business partners and regulators! Special shoutout to so many other members in attendance including 🌟Stephen Bishop of OMB Bank, Marc Franson of Chapman and Cutler LLP, Chris Hilliard of Winnow Solutions, LLC, and John Major, CPFIM of The American Deposit Management Company.

Our own Ian P. Moloney joined Jimmy Parker and Dino Tsibouris on the main stage at the National Council of Higher Education Resources in #Florida for a panel on Leveraging #ArtificialIntelligence #AI to improve higher education financing! Thank you to our member and friend Will Shaffner of MOHELA for your partnership and James Bergeron for your support!