American Financial Services Association - Blog
Member login
American Financial Services Association



Stay Informed >  Blog

July White Paper | AI
Jul 10, 2024

Last week, AFSA’s State Government Affairs team released its July white paper. This month’s white paper dives into artificial intelligence. AI and algorithms are transforming industries like financial services, enhancing operations and benefiting consumers. They may improve payment systems through better fraud detection, more accurate underwriting, enhanced customer data analysis, and automated customer service. In credit underwriting, algorithms can […]

Featured Business Partner | Cox Automotive
Jul 08, 2024

The featured Business Partner for the month of July is Cox Automotive. Cox Automotive is transforming the way the world buys, sells, owns and uses vehicles. Dealertrack, Kelley Blue Book and Manheim solutions provide lenders the connectivity and confidence to thrive in this ever-changing automotive market. Learn more on our Business Partner Resource Guide.

AFSA Joins Amicus Filing
Jul 08, 2024

AFSA recently joined the U.S. Chamber of Commerce in filing a coalition amicus brief urging the United States Court of Appeals for the Fourth Circuit to hold that a unilateral change-in-terms provision does not render an arbitration agreement illusory and unenforceable. AFSA and the Chamber are arguing for a reversal of the district court’s decision in […]

SCOTUS Wacks the Administrative State
Jun 28, 2024

For those industries and businesses that are regulated by such federal agencies as the Consumer Financial Protection Bureau, the Securities and Exchange Commission, or the Federal Trade Commission, today’s U.S. Supreme Court ruling regarding the so-called Chevron deference is kind of a big deal. SCOTUS reviewed two federal cases, Loper Bright Enterprises v. Raimondo and […]

Privacy Legislation on Pause
Jun 27, 2024

In anticipation of today’s markup of the American Privacy Rights Act of 2024 (APRA), AFSA sent a letter to Chair Cathy McMorris Rodger (R-WA) and Ranking Member Frank Pallone (D-NJ) suggesting changes to the APRA that would ensure it works best for businesses and consumers alike. AFSA is highly supportive of legislation that creates a […]

A Win for Colorado Consumers
Jun 25, 2024

In a significant court ruling in Colorado, a federal judge preliminarily agreed with the American Financial Services Association, the American Fintech Council, and the National Association of Industrial Bankers’ legal challenge to a Colorado statute that purports to apply Colorado law on loans made to Colorado residents by state-chartered banks located outside Colorado. Last week’s […]

Industry Expertise | The CFPB’s Summer Plans May be Heating Up
Jun 25, 2024

“Industry Expertise” is sponsored content produced by AFSA Business Partners to share their thought leadership and best practices information with AFSA member companies. For more information about this sponsored content opportunity, contactDan Bucherer. By Suzi Straffon, Allied Solutions June 27, 2024 Lenders are faced with renewed regulatory challenges at both the state and Federal level, […]

News From Our Members | From Paper Trails to Digital Transformation: DataCision Moves Your Vision Forward
Jun 24, 2024

Meta/SEO Description: If digitalization is part of your long-term vision, look no further than to DataCision to propel your dealer commercial lending business forward. From Paper Trails to Digital Transformation: DataCision Moves Your Vision Forward As your business moves toward a more digital future, it is likely that you have successfully transitioned to cloud-based applications, […]

AFSA Concerns for NJ’s Bill Regarding Debt Adjusters
Jun 21, 2024

AFSA’s State Government Affairs team submitted a comment letter to the New Jersey Senate regarding S1310, which would permit specific for-profit debt adjusters to be licensed for conducting business in the state. AFSA expresses concerns for the effect this bill would have on its members and their customers in New Jersey, by approving “debt adjusters” […]

AFSA Supports APRA, But Not in Current Form
Jun 20, 2024

This week, AFSA joined other organizations in expressing concerns with the American Privacy Rights Act (APRA) as drafted. AFSA supports a national standard for data privacy, but the legislation in its current form would not best serve consumers. The letter highlights the importance of including full preemption in any national privacy framework. Full preemption is essential […]

1 2 3 4 5 6 141