‍Industry-leading FTI Consulting will serve as a critical resource to AFC members, advocating for responsible innovation and updated regulations and creating valuable educational resources

Organizations to host cocktail event and celebration at Money 20/20

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Washington, D.C. (October 18, 2024) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks offering embedded finance, has announced FTI Consulting as its newest strategic partner. Known as one of the world’s top business advisory firms, FTI will collaborate with AFC and its members to promote responsible innovation in financial services, advocate for important regulatory modernization, and curate unique educational and training opportunities for the broader fintech ecosystem.

“Every year, FTI Consulting is lauded as one of the best consulting firms in the country, providing crucial advice and strategic counsel to more than half of the world’s 50 largest banks and 100 largest private equity firms,” said Phil Goldfeder, Chief Executive Officer of AFC. “Through this partnership, FTI’s unparalleled expertise, passion, and reach will significantly advance our shared vision for promoting a transparent, inclusive, and customer-centric financial system, and AFC is excited to seek out additional areas of collaboration and increased value for our members.”

FTI Consulting is a market-leading global consulting firm that brings together distinct capabilities and experts to serve as the trusted advisor to clients when they are facing their greatest opportunities and challenges. Staffed by experts recognized for the depth of their knowledge and a track record of making an impact, FTI Consulting offers a comprehensive suite of services designed to assist clients across the business cycle—from proactive risk management to the ability to respond rapidly to unexpected crises and dynamic environments.

“Given our work with clients across the financial services spectrum, it was natural for FTI Consulting to partner with one of the fintech industry’s leading trade groups,” said Stella Mendes, Leader of the Financial Services practice at FTI Consulting. "We are excited to partner with AFC and its members to promote responsible innovation, advise on how to navigate regulatory modernization and create critical educational resources to help a variety of stakeholders stay on top of the industry’s emerging trends.”

FTI and AFC in conjunction with White and Case will be hosting a cocktail reception at the upcoming Money 20/20 conference in Las Vegas, NV. For additional information or to register please visit this link.

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative BaaS banks. AFC’s mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.