Fintechs and regulators are encouraged to work together to create a balance between innovation and risk protection. Regulators are shifting their mindset to focus on the long-term impact of policy on consumers, allowing market-driven changes to occur. Effective communication is crucial, with both parties needing to clearly explain their goals and needs. Fintech companies should consider regulatory affairs or communications executives to facilitate interaction and governance systems. When meeting regulators, it's essential to assume regulation, avoid investment pitches, focus on risks and market trends, and be prepared for multiple meetings throughout the organization.