The American Fintech Council (AFC) has announced that the Aspen Institute Financial Security Program (Aspen FSP) has joined its Community Advisory Board (CAB). The CAB is designed to expand and inform AFC's mission of promoting policies that advance responsible innovation and inclusivity within financial services.
The American Fintech Council (AFC) has voiced its opposition to legislative proposals in Rhode Island and Washington, D.C., arguing that the measures could negatively impact state-chartered community banks and limit financial options for local families. The AFC, which represents fintech companies and innovative banks, presented its concerns to the Rhode Island Senate Committee on Commerce and Policy and the D.C. Council Business and Economic Development Committee.