Tagged: Phil Goldfeder

November 19, 2023 @ 11:18 am By Tony Zerucha  |  

The American Fintech Council (AFC), the industry association representing responsible fintech companies and innovative banks and credit unions, has announced a strategic partnership with Alloy Labs, a consortium of community and mid-size banks that drive innovation, develop best practices and build benchmarks and tools for… Read More

November 6, 2023 @ 12:23 pm By Tony Zerucha  |  

The American Fintech Council (AFC) has thrown its weight behind the Protecting Consumers from Unreasonable Credit Rates Act of 2023. The legislation, introduced by U.S. Senate Majority Whip Dick Durbin (D-IL) and co-sponsored by U.S. Senators Jeff Merkley (D-OR), Richard Blumenthal (D-CT), and Sheldon Whitehouse… Read More

October 29, 2023 @ 3:09 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing fintech companies and banks, this week named Ian P. Moloney as their new senior vice president and head of federal and state policy. Moloney brings more than a decade of fintech and research experience from the private… Read More

October 22, 2023 @ 7:17 pm By Tony Zerucha  |  

The American Fintech Council this week announced that Cleo has become its newest member. Cleo is the latest in a growing number of fintechs who have joined the American Fintech Council roster in recent weeks. “Cleo focuses on the comprehensive and unique financial situation of each… Read More

October 14, 2023 @ 6:00 pm By Tony Zerucha  |  

The CEO of the American Fintech Council blasted the Centre for Responsible Lending (CRL) for a report on earned wage access (EWA), calling it a ‘complete misunderstanding and mischaracterization of the industry” that, among other things, takes information out of context and uses ‘improper interpretations… Read More

October 14, 2023 @ 12:42 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing fintech companies and banks creating access to safe and affordable financial services, has announced that FinMkt has become its newest member. Woman-founded and owned, the AFC said the company adds an important voice to the fast-growing… Read More

October 9, 2023 @ 7:40 am By Tony Zerucha  |  

This week, the American Fintech Council announced that they have added several financial institutions as new members. Coastal Community Bank, Customers Bank, Thread Bank, Portage Bank, Evolve Bank and Trust, Five Star Bank, Lineage Bank and The Atlantic Federal Credit Union are among those joining… Read More

September 29, 2023 @ 6:22 am By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association, this week announced its support of consumer advocates seeking a stop to predatory pawn shop loans. The AFC said pawn shops exploit a loophole given to them by a judge in Sangamon County who issued an injunction… Read More

September 8, 2023 @ 4:50 am By Tony Zerucha  |  

The American Fintech Council, an industry association representing fintech companies and banks, this week announced that EarnIn has become its newest member. EarnIn will join a growing group of diverse industry-leading earned wage access  companies. “EarnIn will add an important voice to a growing chorus… Read More

August 13, 2023 @ 10:49 pm By Tony Zerucha  |  

While the US Federal Reserve’s recent announcement of a Novel Activities Supervision Program is a step in the right direction, the work is far from over, the leader of the American Fintech Council believes. The Novel Activities Supervision Program is designed to enhance the oversight… Read More

August 6, 2023 @ 5:26 pm By Tony Zerucha  |  

The American Fintech Council (AFC) announced last week that OMB Bank has become its newest member. OMB Bank joins a growing group of Banking-as-a-Service (BaaS) banks focusing on access, transparency, consumer protection and regulatory compliance. “OMB leads by example and is an important voice at… Read More