National law firm brings top-tier consumer finance compliance, payments, and data protection expertise to support responsible innovation

Atlanta, GA (July 28, 2026) – The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Troutman Pepper Locke as the newest member of its Legal Advisory Committee. Troutman Pepper Locke brings decades of experience guiding a wide array of financial institutions, including national, regional, and community banks, neobanks, buy-now-pay-later (BNPL) providers, and payments platforms, through both state and federal regulatory frameworks. As a member of AFC’s Legal Advisory Committee, Troutman Pepper Locke will provide crucial strategic counsel and legal insights that help ensure that regulatory infrastructure keeps pace with modern financial innovation while maintaining balanced and consumer-centric standards for the industry.

“The rapid proliferation of new and innovative financial technology requires sophisticated and forward-looking legal counsel that can bridge traditional regulatory rules with modern digital solutions,” said Phil Goldfeder, CEO of the American Fintech Council. “Troutman Pepper Locke's reputation in consumer finance compliance, payments regulation, and data protection makes them a great addition to our Legal Advisory Committee. Their deep understanding of regulatory expectations and their pragmatic approach will be incredibly valuable as we continue to advocate for clear rules of the road that foster a transparent, inclusive, and well-regulated financial ecosystem.”

Troutman Pepper Locke’s Financial Services and Payments and Financial Technology practices provide comprehensive, full-service support to clients across the financial services spectrum, from global institutions to small banks and non-bank financial service providers, with a team of more than 270 attorneys dedicated to advising on consumer finance compliance, data security, payments regulations, and digital assets. Their cross-functional teams assist marketplace lenders, payroll processors, and innovative fintech providers in navigating examinations, investigations, and enforcement actions from major agencies like the CFPB, FTC, FDIC, OCC and the Federal Reserve, while also providing industry-leading corporate transactional and litigation defense.

“The intersection of traditional banking and cutting-edge financial technology presents unique legal, operational, and regulatory challenges that require practical and business-focused solutions,” said Mark Furletti, co-leader of Troutman Pepper Locke’s Consumer Financial Services Regulatory Practice. “The American Fintech Council is at the forefront of the most important policy conversations in the industry today, and we look forward to collaborating with AFC and fellow committee members to help cultivate a tailored and modernized legal framework that enables responsible innovation to thrive while maintaining robust consumer protections.”

A standards-based organization, the American Fintech Council 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 Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.

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