FDATA Welcomes Kat Cloud to its Board of Directors
- Kelsie Papenhausen
- 3 hours ago
- 2 min read
Washington, DC, February 11, 2026 – The Financial Data and Technology Association (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms across the United States and Canada, today announced the appointment of Kat Cloud, Head of Government Relations at Sumsub, to its Board of Directors.
Kat brings deep expertise in digital identity, fraud prevention, and financial services regulation, with a particular focus on ensuring that innovation in financial technology is paired with strong consumer protections and security standards. Her work centers on advancing responsible approaches to identity verification, data access, and compliance as financial services continue to digitize.
“We are thrilled to welcome Kat to the FDATA board,” said Steve Boms, Executive Director of FDATA. “Her experience at the intersection of identity, security, and financial regulation will be critical as policymakers across North America work to modernize open finance frameworks while safeguarding consumers and the integrity of the financial system.”
At Sumsub, Kat leads government relations and public policy engagement, shaping global standards for identity verification, fraud mitigation, and secure digital onboarding. Kat works closely with global policy makers, regulators, and institutions such as INTERPOL, the World Economic Forum, the Monetary Authority of Singapore, and the Financial Conduct Authority to align industry innovation with robust safeguards for identity verification and fraud prevention. Her work focuses on ensuring that regulatory frameworks keep pace with technological innovation while enabling financial inclusion and consumer trust.
“I’m honored to join FDATA’s board,” said Kat Cloud, Head of Government Relations at Sumsub. “As open banking and open finance continue to evolve, it’s essential that data access frameworks are paired with strong identity and security protections. I look forward to working with FDATA and its members to help advance policies that empower consumers, support innovation, and strengthen trust in digital financial services.”
About Sumsub
Sumsub is a leading full-cycle verification platform that enables fraud-free, scalable compliance. Its adaptive, no-code solution covers everything from identity and business verification to ongoing monitoring – quickly adjusting to evolving risks, regulations, and market demands.
Recognized as a Leader by Gartner, Forrester, and IDC, Sumsub combines seamless integration with advanced fraud prevention to deliver industry-leading performance. Sumsub also invests in responsible AI innovation through its AI Academic Program, forming alliances with top academic institutions worldwide to enhance the world’s resilience against AI-powered fraud.
About FDATA
FDATA represents more than 30 financial technology companies and consumer-permissioned data access platforms across the United States and Canada. FDATA advocates for clear, fair, and secure open finance standards that give consumers and businesses control over their financial data. Its members enable millions of people to securely access innovative financial tools that promote inclusion, competition, and transparency in financial services.
