Yesterday, AFSA sent a letter to President-elect Trump to re-familiarize him with the mission of AFSA and its members. Recent overreach by such regulators as the Consumer Financial Protection Bureau (CFPB) have hurt businesses trying to serve American consumers. AFSA appreciates President Trump’s economic vision that Americans should have access to responsible and safe financial products and services to help achieve their goals and improve their lives, and we look forward to working with him and his administration and strengthening America’s financial markets.
Specifically, AFSA offers to work to help reform the CFPB by improving its transparency and accountability, and to ensure that affordable credit products and services are available for American households. Furthermore, we hope the new administration will reevaluate the far-reaching regulations and guidance issued by the CFPB; such reconsideration will help empower consumers to make their own financial choices while also supporting the U.S. economy.
Greeting a New Administration
Nov 22, 2024
Yesterday, AFSA sent a letter to President-elect Trump to re-familiarize him with the mission of AFSA and its members. Recent overreach by such regulators as the Consumer Financial Protection Bureau (CFPB) have hurt businesses trying to… Read the rest
AFSA Makes Publication Request
Dec 18, 2023
In November the California Third Court of Appeals issued an unpublished decision that affects the vehicle finance industry, Stettner v. Mercedes-Benz Financial Services USA, LLC. Unpublished opinions are prohibited from being cited … Read the rest
News from our Members | Alfa Joins AWS Partner Network
Aug 22, 2023
Alfa, the market-leading provider of software for the asset finance industry, is proud to announce the completion of the Amazon Web Services (AWS) Foundational Technical Review (FTR) for Alfa Cloud, its single-tenant Software-as-a-Service… Read the rest
News from our Members | PayNearMe on CNBC’s Global Top 200 Fintech List
Aug 15, 2023
PayNearMe has been named one of the World’s Top 200 Fintech Companies by CNBC. The company is included as one of the world’s top 40 digital payments companies. This award recognizes PayNearMe’s cutting-edge payments technology platform,… Read the rest
News from our Members | Aftermarket Refund Legislation & Risk Mitigation
Aug 07, 2023
Cox Automotive | Aftermarket Refund Legislation & Risk Mitigation
Early auto loan terminations often put extra compliance burdens on lenders: Are you responsible for refunding consumers? How easy is it to follow the rules when they … Read the rest
News From Our Members | PayNearMe Expands Bill Pay Options with Cash App Pay Integration
Jul 19, 2023
PayNearMe clients can now offer their customers alternative bill payment options using all major mobile wallets and payment apps.
Digital wallets have become increasingly popular among consumers, as many millennials and Gen Z customers… Read the rest
Elevate in Salt Lake | Federal & State Update
Jun 13, 2023
Last week, AFSA held its annual Washington Fly-In, an opportunity for many AFSA members to meet directly with a bipartisan group of legislators and policymakers to stress the importance of access to credit. Members of Congress made … Read the rest
Dailey Wilson on the Safeguards Rule
Apr 13, 2023
In this edition of the AFSA Extra Credit Podcast, we tackle the soon-to-be-effective FTC Safeguards Rule. Dailey Wilson, Attorney with Hudson Cook gives us the 35,000 foot view of the rule, some of the nitty gritty that companies will have … Read the rest
MARCH FEATURED PARTNER: defi SOLUTIONS
Mar 01, 2023
The Featured Business Partner for the month of March is defi SOLUTIONS.
defi SOLUTIONS partners with banks, credit unions, captives, and finance companies of all types and sizes to help lenders transform their operations. defi provides … Read the rest
AFSA Celebrates Black History Month | Danielle McLean
Feb 28, 2023
For Black History Month AFSA is celebrating the efforts and accomplishments of AFSA member company colleagues working in the consumer credit and financial services industries.
Danielle McLean
Vice President & Chief Financial… Read the rest