NEW YORK -

The former director of the Consumer Financial Protection Bureau now has a new position in the private sector.

Kathy Kraninger — who also is scheduled to appear for a fireside chat during the Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association — recently became the vice president of regulatory affairs for Solidus Labs, which was founded by veteran Wall Street fintech engineers who offer a machine learning-powered surveillance, monitoring and compliance cloud solution tailored for digital assets.

According to a blog post on the company’s website, Kraninger will oversee Solidus’ regulatory strategy and build a global team, as governments worldwide increasingly assess digital asset markets, demanding higher investor protection standards and introducing regulatory frameworks that require advanced risk monitoring and market surveillance capabilities.

The firm highlighted that Kraninger brings with her rich experience in public policy, risk management, consumer protection and financial regulation.

Prior to her presidential appointment to lead the CFPB, Kraninger spent two decades in public service across multiple administrations under leaders of both parties, including senior positions at the Office of Management and Budget, the Departments of Homeland Security and Transportation, and in both the U.S. Senate and the House of Representatives.

Kraninger also is a member of the Milken Institute’s Fintech Advisory Council and a fellow with the Financial Data Exchange.

“Kathy brings her strong commitment to consumer protection and deep expertise in public policy, regulation, and the legislative process to promote Solidus’, and the crypto industry’s mission of enabling more accessible and transparent financial services, while mitigating new risks,” Solidus Labs’ founder and chief executive officer Asaf Meir said in the blog post.

“Crypto and decentralized finance — DeFi — are not only changing the way we understand financial markets and risk, they’re also transforming financial regulation,” Meir continued. “Kathy’s the right person to lead our strategy in response to demand from regulators, enforcement agencies and legislators for crypto-native risk monitoring solutions.”

Kraninger resigned as CFPB director on the same day President Biden was inaugurated. Now she is working outside of the federal government.

“I am excited to join Solidus Labs as we seek to advance market integrity and responsible innovation in the world of DeFi and crypto, which are truly changing the way we engage in the financial marketplace,” Kraninger said.

“Solidus brings essential crypto-native risk monitoring and fraud prevention capabilities that meet the needs of responsible industry players and regulators, and can help facilitate the next generation of markets,” she went on to say.

Kraninger likely will be discussing cryptocurrency and more, as her appearance is part of three days of presentations and discussions planned by the NAF Association that’s also celebrating its 25th anniversary. The Non-Prime Auto Financing Conference begins on Aug. 30 in Plano, Texas.

The complete agenda and a path to register can be found via this website.