The American Fintech Council (AFC) has announced a strategic partnership with Moss Adams, an accounting, consulting, and wealth management firm. This collaboration aims to provide fintech companies and financial institutions with enhanced advisory services focusing on responsible innovation, regulatory compliance, and strategic growth within the financial ecosystem.
Phil Goldfeder, Chief Executive Officer of AFC, stated that "the guidance Moss Adams will provide in navigating the complexities of financial regulations and compliance perfectly complements AFC's mission to promote responsible innovation." He emphasized that this partnership would equip fintech companies with the necessary strategic guidance and support to navigate the fintech landscape confidently.
Moss Adams offers specialized services such as risk management, capital planning, and financial reporting. These services are designed to help firms maintain compliance while optimizing performance in a rapidly evolving market. Travis Smith, Partner and Fintech National Practice Leader at Moss Adams, expressed commitment by stating: "By joining forces with AFC, Moss Adams is deepening its commitment to empowering fintech companies and financial institutions."
As part of their collaboration, AFC and Moss Adams will work together on educational initiatives, regulatory guidance, and policy advocacy aimed at addressing current challenges in the fintech industry. The partnership reflects a shared commitment to fostering responsible innovation and sustainable growth within the sector.
The American Fintech Council represents major financial technology companies and innovative banks offering embedded finance solutions. It promotes transparency, inclusivity, customer-centricity in financial services through responsible innovation. Meanwhile, Moss Adams brings over 110 years of experience with 4,800 professionals across more than 30 markets.