The American Fintech Council (AFC), the business affiliation representing accountable fintech firms, has launched a brand new compliance and schooling initiative ‘AFC Studying’ in collaboration with skilled companies agency, FORVIS.
FORVIS and the American Fintech Council plan to supply academic alternatives to strengthen fintech compliance packages, present instruments and assets to monetary establishments participating with progressive firms and assist bridge the regulatory info hole between new fintech entrants and established establishments.
Colin Darke, the newly appointed senior advisor for fintech coaching and academic programming on the American Fintech Council, will organise and oversee AFC Studying. On this new function, Colin will oversee all elements of the AFC academic, compliance in addition to coaching programming.
Phil Goldfeder, chief government officer of the American Fintech Council, mentioned the launch: “AFC Studying will present helpful alternatives for fintech firms of all sizes to know the regulatory and compliance fundamentals wanted to succeed and assist monetary establishments recognise the worth of partnering with accountable innovators.
“FORVIS can also be a nationally revered supplier of schooling, regulatory compliance, and capital advisory companies to monetary establishments and might be an enormous asset to AFC members and the whole fintech neighborhood.”
Colin Darke additionally mentioned the necessity for the brand new service amidst excessive ranges of economic misconceptions: “Phil and I’ve beforehand collaborated on profitable programming in DC, New York, and San Francisco, fostering an interesting dialogue amongst regulators and business consultants, dispelling false impression, selling greatest practices and staying forward of rising fintech sizzling matters. With AFC Studying, we are going to carry the identical stage of dedication and experience, facilitating a transformative studying expertise for all concerned.”
AFC and its members are delivering for purchasers by advocating for the following era of firms on the intersection of expertise and monetary companies. It additionally fosters progressive, clear, and accountable merchandise that promote competitors, shopper safety, monetary well being, inclusion, and fairness.