PayNearMe has published an extensive guide for new and ongoing customers on best practices for facilitating payments during the COVID-19 crisis. The guide lays out several features that can address potential payments challenges brought on by social distancing, staff shortages and communications barriers.
Read more at the PayNearMe COVID-19 website.
PayNearMe Facilitating Payments During Pandemic
Apr 02, 2020
PayNearMe has published an extensive guide for new and ongoing customers on best practices for facilitating payments during the COVID-19 crisis. The guide lays out several features that can address potential payments challenges brought… Read the rest
CFPB Offers Guidance on Credit Reporting During Pandemic
Apr 01, 2020
The Consumer Financial Protection Bureau (CFPB) today released a policy statement outlining the responsibility of credit-reporting companies (CRA) and furnishers for credit reporting during the COVID-19 pandemic. Many lenders are … Read the rest
April Featured Business Partner: SourceLink
Apr 01, 2020
SourceLink is the featured Business Partner for the month of April.
SourceLink is a highly respected Direct Marketing agency that utilizes data intelligence and an omni-channel approach to maximize return on investment for clients through… Read the rest
Citi Offering Variety of Relief Options for Consumers, Businesses
Apr 01, 2020
Citi is "committed to helping provide the support and solutions you may need as developments unfold. We are here for you today and in the months ahead and will continue to do what we can to help meet your banking needs."
Citi… Read the rest
AFSA Supports Fed Steps to Keep Credit Flowing
Apr 01, 2020
The American Financial Services Association (AFSA) yesterday (March 31) sent a letter of support to the Federal Reserve Bank of New York on its Commercial Paper Funding Facility (CPFF). The CPFF will provide a liquidity backstop to U.S. issuers… Read the rest
AFSA Supports SBA PPP Program
Mar 31, 2020
The American Financial Services Association (AFSA) today (March 31) submitted a letter of support to the National Economic Council on the Small Business Administration’s (SBA) Paycheck Protection Program (PPP).
“The PPP… Read the rest
AFSA, Trades Seek CECL Parity
Mar 31, 2020
Today the American Financial Services Association, along with other financial services associations, sent a letter to Securities and Exchange Commission Chairman Jay Clayton, requesting that he apply a current expected credit loss (CECL)… Read the rest
Hudson Cook Provides Key Resources, Compliance Programs for Clients, Industry
Mar 31, 2020
Hudson Cook, LLP has established a Coronavirus Resource Page which contains important documents and links for clients and the consumer credit industry. The firm has also scheduled additional sessions of it's popular Compliance… Read the rest
AFSA Joins Other Trades in Petition Filing at FCC
Mar 30, 2020
On March 30, the American Financial Services Association joined several other trade associations on a petition to the FCC requesting an immediate ruling, clarification, or waiver regarding parts of the Telephone Consumer Protection Act.… Read the rest
MoneySKILL Financial Education: Resources Parents & Kids Can Bank On
Mar 30, 2020
During this time of uncertainty, the American Financial Services Association and its member companies are doing their best to help consumers maintain their financial security and flexibility, while also continuing to support the communities… Read the rest