Innovative platform provides real-time visibility and proactive compliance solutions for financial institutions to better serve end users

San Francisco, CA (March 3, 2025) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of ComplyCo as its newest member. ComplyCo’s innovative platform offers real-time, data-driven solutions that help financial institutions meet regulatory requirements and anticipate potential challenges. As an AFC member, ComplyCo joins a network dedicated to fostering responsible innovation, advancing regulatory compliance, and promoting transparent, consumer-centric financial services.

“ComplyCo's data-driven compliance solutions directly support AFC's mission to promote responsible fintech innovation,” said Phil Goldfeder, Chief Executive Officer of AFC. “Their platform provides financial institutions with the tools and insights necessary to navigate the complexities of today's regulatory environment by offering real-time compliance monitoring and automated reporting. AFC looks forward to working alongside ComplyCo to advance a more transparent and trusted financial system.”

ComplyCo's platform is designed to address the limitations of traditional compliance methods by providing non-technical teams with real-time visibility into end-user experiences. By collecting and analyzing metadata across all digital channels, ComplyCo generates simple, actionable reports that demonstrate compliance with applicable rules and regulations. This shift to a population-driven approach, rather than reactive sampling, facilitates proactive monitoring, strengthens relationships between banks and their fintech partners, and closes key oversight gaps.

“At ComplyCo, we believe effective compliance should be a seamless part of an organization’s operations,” said Dmitry Gritskevich, CEO of ComplyCo. “Our platform helps teams gain complete visibility into their compliance processes, enabling them to operate more efficiently and respond to regulatory changes with ease. Joining AFC will help us further our mission to foster responsible innovation in highly regulated environments while maintaining the controls necessary to maintain trust in financial services.”

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative banks offering embedded finance solutions. 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.

About ComplyCo
ComplyCo is founded on the belief that simply having a policy in place is no longer sufficient. Compliance issues often stem from a lack of access to timely, relevant runtime data. That’s why we are building tools that provide non-technical teams with real-time visibility. We believe that rich data and analysis are essential for compliance teams to operate effectively and efficiently today, as well as adapt to regulatory changes in the future. To learn more, visit complyco.com.

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