FTA Requests Changes to California Legislation Related to Automated Decision Tools in Financial Services

WASHINGTON, D.C. – The Financial Technology Association (FTA), a trade association representing leading fintech companies, today submitted a comment letter on California Assembly Bill 2930 related to automated decision tools. FTA advocates for the modernization of financial regulation to support inclusion and responsible innovation. While we support the goals of this legislation, we have concerns with the bill as drafted and, therefore, currently oppose it.

Click here to read FTA’s full comment letter.

ABOUT US

The Financial Technology Association (FTA) is a Washington, DC-based trade association representing industry leaders shaping the future of finance. We champion the power of technology-centered financial services and advocate for the modernization of financial regulation to support inclusion and responsible innovation.