Charlotte Fintech Finzly Joined Industry Trade Group
The modular banking provider has aligned with the American Fintech Council to gain greater visibility into shifting regulatory frameworks.
Updated on Sept. 28, 2026 in Financial Services
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Charlotte-based Finzly has joined the American Fintech Council, an organization representing over 150 fintech firms and innovative banks. This move aims to bolster the company's influence on technology-friendly policy and financial innovation.
Why it matters
Association membership provides firms with a direct line into regulatory dialogues, helping them navigate scrutiny surrounding bank-fintech partnerships. Engaging with the council offers clearer visibility into upcoming shifts in financial infrastructure requirements.
The American Fintech Council represents over 150 fintech companies and innovative banks nationwide. The council currently lobbies for open banking standards and regulatory frameworks for bank-fintech partnerships.
The players
Finzly
A Charlotte-based provider of modular banking infrastructure that employs a surround and shrink strategy to integrate modern banking rails into legacy systems.
American Fintech Council
A Washington-based industry association that lobbies for technology-friendly regulation and advocates for financial innovation among more than 150 member firms.
The details
Finzly provides modular banking infrastructure through its BankOS platform, which utilizes a cloud-native, ISO 20022-native architecture. Its system allows financial institutions to deploy specific banking capabilities by layering modern rails over existing legacy cores without requiring a full system replacement. By joining the council, Finzly aligns its operational roadmap with the group's advocacy for Section 1033 implementation and earned-wage access regulation.
Timeline
September 28, 2026: Membership officially noted.
Market Landscape
Finzly's entry into the council aligns with broader industry efforts to influence Section 1033 implementation for open banking. This step mirrors a trend where modular infrastructure providers seek a seat at the table to shape how legacy and modern systems must interoperate under new federal rules.
Operators using or evaluating BankOS should monitor how the council's advocacy impacts the timeline for open banking compliance. Pay attention to upcoming positions on earned-wage access, as these regulatory changes could directly affect product deployment requirements.
The takeaway
Membership in industry associations is a strategic signal of a firm's intent to shape the regulatory guardrails of its core product. Monitor the council’s upcoming filings on Section 1033 to gauge how open banking standards will evolve for your own institutional tech stack.
Further reading
For more on how infrastructure shifts are shaping the industry, see our coverage of Financial Services.
Source note: This article includes information reported by The Fintech Times.
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