The American Fintech Council (AFC) has announced changes in its policy leadership, promoting Ian P. Moloney to Chief Policy Officer and appointing Eric W. Taylor Jr. as Director of Policy and Regulatory Affairs. The moves come as the fintech industry faces a complex and changing regulatory environment.
Phil Goldfeder, CEO of the American Fintech Council, commented on the appointments: “I’ve had the privilege of working alongside Ian as a colleague and partner for many years, and it’s gratifying to see his continued professional growth and success. Together with Eric they represent the growing strength and depth of AFC’s policy leadership. AFC will continue to drive responsible innovation and consumer-focused financial policies across the industry.”
Moloney previously held the role of Senior Vice President and Head of Policy and Regulatory Affairs at AFC, where he played a key role in shaping policy initiatives and working with regulators. As Chief Policy Officer, Moloney will be responsible for leading all policy development and advocacy work for the organization.
“AFC has become a leading voice in shaping the future of responsible financial innovation, bridging the gap between policymakers and fintech providers to support smart, pragmatic legislation and regulations,” said Ian P. Moloney, Chief Policy Officer at the American Fintech Council. “I look forward to building on this work, forging new partnerships between our industry and our partners, and developing new policies that promote transparency, inclusion, and consumer trust across the financial landscape.”
Eric W. Taylor Jr., who joins AFC from RentFlex360 where he was an associate supporting legal operations, brings experience in law, finance, and compliance to his new position. He has also worked as a law clerk at Winston & Strawn LLP in Los Angeles on merger transactions, structured finance deals, and pro bono projects. In his new capacity at AFC, Taylor will collaborate with Moloney on advancing policy efforts related to embedded finance, buy now pay later services, fintech lending products such as earned wage access solutions, as well as open banking initiatives.
“This is a pivotal moment for financial policy and innovation, as regulators and industry leaders work to define the future of responsible fintech,” said Eric W. Taylor Jr., Director of Policy and Regulatory Affairs at the American Fintech Council. “I am proud to be working alongside Ian, Phil, and the entire AFC team to help shape thoughtful, inclusive policies that expand consumer access to important financial tools.”
AFC describes itself as a standards-based trade association representing major fintech companies along with innovative banks offering embedded finance solutions. Its mission focuses on encouraging transparency in financial services through responsible innovation while promoting public policies that benefit consumers.