National law firm to collaborate on initiatives in support of regulatory clarity and  development of modern fintech services

Washington, DC (May 7, 2026) – The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Taft as the newest member of its Legal Advisory Committee. Taft, one of the country’s fastest-growing law firms, brings a wealth of experience in financial services regulation, digital assets, and complex litigation to help AFC navigate the evolving legal and regulatory landscape of the fintech sector.

“The fintech ecosystem is constantly shifting, with innovative banks and other players redefining the scope of our industry and creating novel legal and regulatory questions that demand informed guidance,” said Phil Goldfeder, CEO of the American Fintech Council. “Taft’s deep-rooted expertise representing both traditional financial institutions and emerging fintech leaders makes them an invaluable addition to our Legal Advisory Committee. We look forward to their contributions as we advocate for a modern regulatory framework that fosters competition and responsible innovation.”

Taft’s Financial Services team serves a diverse range of clients, including national and community banks, credit unions, and fintech companies. The firm’s multidisciplinary approach covers regulatory compliance, privacy and data security, and digital asset integration. As a member of the Legal Advisory Committee, Taft will work alongside members to provide AFC with strategic counsel on policy initiatives and regulatory engagement.

“AFC is at the forefront of the most critical conversations in financial services today, particularly the need for regulatory clarity in emerging products and sectors” said Richard B. Levin, Chair of Taft’s FinTech Practice. "Our team is eager to collaborate with the Legal Advisory Committee to ensure that the legal and regulatory environment evolves in a way that supports technological advancement and maintains the integrity of the financial system.”

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.

About Taft

Founded in 1885 with a 140-year legacy rooted in the historic Taft family, Taft is one of the nation’s fastest growing law firms. As a modern law firm with a non-headquarter operating model and more than 1,250 attorneys, Taft is fully committed to delivering the highest level of service to today’s organizations and individuals. The legal performance of Taft attorneys is recognized nationally, with inclusion in the Am Law 100, Chambers USA, Best Lawyers®, Super Lawyers, and more. Learn more at Taftlaw.com.

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