Womble and AFC will collaborate on efforts to strengthen the fintech ecosystem and advance responsible innovation
Washington, D.C. (April 7, 2026) – The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Womble Bond Dickinson (US) LLP to its Legal Advisory Committee. Womble is a full-service law firm with 32 U.S. offices, serving clients across a broad range of industries. The firm is known for combining deep industry knowledge with a collaborative approach to deliver practical, business-focused legal solutions.
“Womble has valuable experience helping fintech innovators and financial institutions address the legal and regulatory challenges of a rapidly evolving market,” said Phil Goldfeder, CEO of the American Fintech Council. “Their deep understanding of emerging technologies will strengthen AFC’s work to advance thoughtful, forward-looking regulatory frameworks that maintain strong protections for consumers and the broader financial system.”
Womble’s Fintech team supports startups, established market leaders, and traditional financial services companies as they adopt new technologies and expand into digital financial services. The firm provides guidance on blockchain and digital currencies, artificial intelligence and machine learning, cybersecurity considerations, and regulatory compliance, helping clients operate confidently in a fast-changing legal and technological environment.
“We work with clients across the fintech ecosystem as they develop innovative financial products and navigate complex regulatory requirements,” said Robert Savoie, a partner in Womble’s Consumer Financial Services Compliance practice group. “Joining AFC’s Legal Advisory Committee gives us the opportunity to collaborate on practical solutions that support responsible innovation, strengthen consumer credit markets, and promote clear, consistent regulatory guidance.”
Savoie recently contributed to AFC’s white paper, “A Call for Clarity: Removing Regulatory Barriers to Healthy Secondary Markets in Consumer Credit,” which explored the impact of unpredictable regulatory changes on consumer lending and called on Congress and regulators to reaffirm longstanding principles of bank regulation.
A standards-based organization, the American Fintech Council (AFC) is the largest and most diverse trade association representing financial technology (fintech) companies and innovative banks. On behalf of over 150 member companies and partners, AFC promotes 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.