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AI Explainability-by-Design

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Join us on August 8 at 2 p.m. for How to ensure that your AI doesn’t become a litigation nightmare, presented by Mayer Brown.

Despite our best efforts, things will sometimes go wrong with AI systems. The parties involved may find themselves in litigation, arbitration or in a dispute with their regulator. When this happens, the parties will need to peer into the “black box” to reconstruct what the computer did and why. The usual electronic discovery tools and evidentiary principles for electronic records, however, might not work for an AI system. This is especially true for a system that continually “learns” based on new data. During this webinar, we will discuss some of these challenges, and explain how lawyers and other stakeholders can assist at the pre-litigation stage.

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AI Explainability-by-Design
Jul 29, 2019

Join us on August 8 at 2 p.m. for How to ensure that your AI doesn’t become a litigation nightmare, presented by Mayer Brown.

Despite our best efforts, things will sometimes go wrong with AI systems. The parties involved may find themselves… Read the rest

AFSA, Partners, Drive to Win in Vermont
Jul 25, 2019

Vermont Senate Bill 18 became law yesterday without Governor Philip Scott’s signature and without harmful language for consumers attempting to finance vehicles in the Green Mountain State.

The new law places restrictions on what… Read the rest

It’s Time to Fix the MLA
Jul 24, 2019

In The Hill today, AFSA President & CEO Bill Himpler lays out the need for the Pentagon to allow servicemembers to take advantage of Guaranteed Asset Protection, also known as a GAP waiver.

In the event of an accident, GAP covers the … Read the rest

The Clock is Ticking on the AFSA Summer Sale
Jul 23, 2019

Become a Business Partner Member today and start generating leads and winning customers in the consumer-finance industry. Enjoy a single rate for 2019 and 2020, plus a bonus worth $1,300.

Key Benefits of Business Partner Membership

  • Access
Read the rest

CFPB Chief Highlights Resources Dedicated to Financial Education
Jul 19, 2019

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger on Wednesday said in remarks to the Exchequer Club that she wants to find ways to collaborate with financial institutions to help people strengthen their finances

In … Read the rest

AFSA CEO Provides Industry Outlook to Up and Coming Leaders
Jul 18, 2019

AFSA President & CEO Bill Himpler this week spoke to the 31 attendees at the American Financial Services Association Education Foundation Leadership Development Program at the University of North Carolina, Chapel Hill.

The AFSAEF… Read the rest

Robocall Bill Clears Committee
Jul 17, 2019

The “Stopping Bad Robocalls Act” on Wednesday, July 17 passed the full House Energy and Commerce Committee by a bipartisan 48-0 vote. The purpose of the bill is to reduce illegal robocalls that harm and annoy consumers. The bill… Read the rest

FASB agrees on CECL Delay
Jul 17, 2019

The Financial Accounting Standards Board (FASB) today voted to propose a delay in the implementation deadline of the new Current Expected Credit Loss (CECL) accounting standard for all private companies and for small public companies.… Read the rest

Regulators, Executives, Consumer Advocates Agree on Need for Data Privacy Standard
Jul 15, 2019

AFSA this week attended the US Chamber of Commerce’s Data Done Right Conference, where elected officials, chief regulators, business executives, and leaders of consumer privacy groups spoke about the state of data privacy today … Read the rest

Webinar Will Help Set Strategy for Used-Vehicle Financing
Jul 12, 2019

Join us July 25th at 2 p.m. ET for Opportunities in Used Vehicle Financing, presented by TransUnion.

Consumer demand for new vehicles has begun to wane, following years of rapid growth. This, coupled with an influx in off-lease vehicles, is… Read the rest

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