Advocacy

Fighting for transparent, inclusive, and customer centric policies and practices

Policy goals

Responsible Bank-Fintech Partnership
Promoting a unified regulatory framework for bank-fintech partnerships and federal interest rate caps to ensure fair access to credit for historically excluded communities
Banking-as-a-Service
Advocating for clear regulatory guidelines and interagency cooperation to foster responsible innovation and protect consumers in the evolving BaaS landscape
Earned Wage Access
Seeking tailored regulatory frameworks that distinguish EWA from loans, ensuring consumer protections and fostering financial inclusion for workers
Buy-Now-Pay-Later
Supporting responsible Buy-Now-Pay-Later lending, while advocating for unified regulations that include clear disclosures of borrower responsibilities
Open Banking
Promoting a consumer-protected open banking ecosystem through comprehensive regulatory frameworks that enhance competition
Artificial Intelligence
Advocating for use case-specific regulations of AI in financial services to enable its responsible use for improving consumer benefits
Supervisory and Regulatory Technology
Encouraging the use of regulatory technology to enhance financial product oversight and industry efficiency, fostering collaboration between regulators and industry
Student Lending
Supporting transparent student lending practices and advocates for technology- driven solutions to improve access to credit and repayment processes
Responsible Innovation within the Credit Reporting Ecosystem
Pushing for modernization of the credit    reporting ecosystem to empower consumers    and promote responsible innovation while ensuring transparency d curbing fraudulent practices

Advocacy

12.15.2025

Joint Industry Letter in Support of FCRA Litigation Reform

12.15.2025

AFC Letter to CFPB Notice of Proposed Rulemaking on Section 1071 Data Collection

12.10.2025

Federal: AFC Letter in Support of Legislation Enabling 21st Century AI Innovation in Financial Services

12.8.2025

AFC Letter Urging Inclusion of Banking Legislation in the National Defense Authorization Act for Fiscal Year 2026

12.1.2025

Joint Comment Letter: CFES, AFC, FinCEN Survey of the Costs of AML/CFT Compliance

11.5.2025

MI: AFC Letter to Michigan House of Representatives in Support of HB 5161

10.28.2025

OH: AFC Testimony in Support of SB 269

10.23.2025

OR: AFC Letter to Governor Tina Kotek Applauding Oregon Banking Week

10.21.2025

Federal: AFC Comment Letter on Personal Financial Data Rights ANPR

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