Financial technology has gone mainstream, with nearly nine in ten Americans using some form of fintech in the last year. From lending and payments to investing, fintech fills the gaps left by traditional financial services by giving more Americans access to the financial tools for success.

Growing fintech adoption sparked discussions around appropriate regulations to govern these new technologies. Today, federal and state regulators apply essential consumer protection laws and regulations to fintech providers. Yet, in many instances, modernized financial policies can help ensure that everyone reaps the benefits of responsible fintech.

That’s why we just issued a new white paper, Fintech Regulation Explained,” outlining the current state of fintech regulation and offering recommendations to further promote safe and consumer-centric innovation in financial markets and services.

Read more here to better understand fintech regulation and how to modernize financial policy to drive inclusion and innovation.