AFSA is pleased to welcome nine new member companies to the association.
Commercial Membership
Floorplan Xpress LLC – Floorplan Xpress LLC provides inventory financing for independent automobile dealerships in 30 states.
Active Membership
Time Investment Company, Inc – Family owned sales finance company that provides common sense lending through our nationwide dealer network.
Business Partner Membership
Alacriti – Alacriti is a fintech company specializing in payments. Businesses of every size can accept payments and initiate payouts through their secure, cloud-based platform.
Clearwater Payments – Clearwater Payments is a cloud-based electronic billing and payment solution provider that uses the latest open-API technology stack and rules-based payments engine to deliver custom EBPP tools and services.
DVI: The Dealer Vehicle Interchange – The Dealer Vehicle Interchange (DVI) is the automotive industry’s first utility-like network entity that provides members with secure and trustworthy technical infrastructure, combined with a risk management and governance framework that removes barriers and drives transparency, allowing for innovation to flourish for all member customers.
Green Dot – The Green Dot Corporation is a financial technology and bank holding company. It is the world's largest prepaid debit card company by market capitalization. Green Dot is also a payments platform company and is the technology platform used by Apple Pay Cash, Uber, and Intuit.
Ownum – Ownum sells a system to put car titles on blockchain. Their first product, CHAMPtitles, a system that will allow the current car titling process to move online, ending with digital titles you can display on your smart phone.
NETSOL Technologies – NetSol Technologies is a tech company which makes automobile leasing software.
iLendingDIRECT LLC – iLendingDIRECT is an award-winning national finance and insurance marketing firm. They offer auto finance solutions with the customer's well-being in mind. iLendingDIRECT LLC is one of the market leaders for low-interest auto loans and end-of-lease financing programs in the F&I industry. Their financial and human solutions provide an excellent value to their customers and lender partners.
AFSA is pleased to welcome nine new member companies to the association.
Commercial Membership
Floorplan Xpress LLC – Floorplan Xpress LLC provides inventory financing for independent automobile dealerships in 30 states.
Active… Read the rest
The American Financial Services Association on September 25th submitted a letter to House Speaker Nancy Pelosi (D-CA) and Minority Leader Kevin McCarthy (R-CA) expressing its strong support for HR 1595, the bipartisan-backed Secure and… Read the rest
The New York Federal Reserve reported yesterday that as many as 60 million Americans – possibly twice the number previously estimated – struggle to qualify for credit. Unlike the “credit invisible” population… Read the rest
At least one of the examinations the Consumer Financial Protection Bureau (CFPB) completed in 2018 included instances in which auto lenders sold a GAP product to consumers under circumstances which the CFPB found led to an abusive practice.… Read the rest
Join us on October 1 at 2:00 p.m. ET for Get untangled from manual loan origination processes¸ presented by White Clarke Group.
Are your manual processes tying you up in a knot? Loan origination procedures can be complex and time … Read the rest
The American Financial Services Association reiterated its opposition to Congressional efforts to limit the use of arbitration in contracts. AFSA strongly opposes HR 1423, the “Forced Arbitration Injustice Repeal Act” … Read the rest
The AFSA Nominating Committee has approved two new members of the AFSA Board of Directors.
Ofer Alon is the Chief Executive Officer for Quality Acceptance. He currently serves on the AFSA Vehicle Finance Board and the AFSA Independents Auto… Read the rest
The comment period for the first-ever regulations of the Fair Debt Collection Practices Act (FDCPA) closed today. In its letter to the Consumer Financial Protection Bureau (CFPB), the American Financial Services Association (AFSA) commended… Read the rest
The Consumer Financial Protection Bureau (CFPB) today announced upcoming enhancements to the Consumer Complaint Database. The changes include, “modified disclaimers to provide better context to the published data; integrating… Read the rest
Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger informed congressional leaders and agency staff that she now supports a legal effort challenging the constitutionality of the regulator.
Numerous court cases argue… Read the rest
