June 27, 2023

FOR IMMEDIATE RELEASE

Contact: press@fintechcouncil.org

Federal: American Fintech Council (AFC) Joins Forces with FS Vector To Promote Responsible Innovation And Regulatory Modernization

FS Vector provides a unique expertise at the intersection of technology, government and traditional finance and will work alongside AFC’s robust membership of responsible fintech companies dedicated to regulatory engagement and best practice

Partnership will include joint advocacy, thought leadership, and educational and training opportunities to strengthen fintech industry

Washington, D.C. (June 27, 2023) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies who deliver critical access to safe and affordable financial services, has announced a new strategic alliance with FS Vector. Known for their deep expertise in compliance, public policy and a leading business advisory firm to the biggest names in fintech, FS Vector will partner with AFC to promote responsible innovation in financial services, advocate for important regulatory modernization and curate unique educational and training opportunities for the broader fintech ecosystem.

“FS Vector is synonymous with fintech and the perfect partner to help build a strong coalition of fintech companies with a commitment to responsible growth and innovation,” said Phil Goldfeder, Chief Executive Officer at the American Fintech Council. “I’ve had the privilege to work alongside John Beccia and the incredible team who have been tireless advocates for the fintech industry, and we are eager to join forces to create increased value for their clients and our members.”

FS Vector is a DC-based regulatory compliance, public policy, and strategic advisory firm helping innovative financial services companies overcome challenges and better serve their customers. They provide expertise at the intersection of technology, government, and traditional finance in order to serve companies as a trusted partner at each stage of growth—from early-stage ventures to global organizations.

“We are excited to partner with the American Fintech Council to promote responsible innovation in financial services,” said FS Vector CEO John Beccia. “AFC member companies are at the forefront of utilizing emerging technology to benefit consumers and businesses and helping reach customers previously underserved by the financial system. AFC provides a terrific forum to educate stakeholders about these products and services and to address the related regulatory challenges.”

AFC and its members deliver for customers by advocating for the next generation of companies at the intersection of technology and financial services. It fosters innovative, transparent, and responsible products that promote competition, consumer protection, financial health, inclusion, and equity. AFC is committed to robust industry standards, focused on consumer protection and regulatory compliance, in addition to advocating for and embracing appropriate government regulation.

About the American Fintech Council: The mission of the American Fintech Council is to promote an innovative, responsible, inclusive, customer-centric financial system. You can learn more at www.fintechcouncil.org.