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DIDMCA Opt-out Complications
Jun 02, 2023

The AFSA SGA team published their June white paper examining the Depository Institution Deregulation and Monetary Control Act (DIDMCA). The paper examines recent opt-out efforts and the potential complications that would arise from states opting out of interest rate exportation, which could impact the banking industry. It also explains why opting out may not achieve the […]

News From Our Members | PayNearMe Secures $45M in Series D Funding
Jun 02, 2023

PayNearMe Secures $45M in Series D Funding, Accelerating Payments Innovation and Market Expansion Queensland Investment Corporation leads investment round, empowering PayNearMe to pioneer new advancements in digital payments and drive industry-wide transformation. “Our growth has continued to accelerate as we serve the needs of more and larger clients,” said CEO Danny Shader, PayNearMe. “This investment […]

Recent Fed Reports Point to Tighter Consumer Credit
Jun 02, 2023

Two reports released by the Federal Reserve in May show credit conditions are tightening across the economy. The Federal Reserve Board’s Senior Loan Officer Opinion Survey on Bank Lending Practices, provides information on bank credit availability, loan demand and lending practices for both commercial and household borrowers. The latest results from the survey conducted in […]

Industry Icon Rochelle McClanahan
May 31, 2023

The AFSA Extra Credit Podcast Industry Icon series continues, featuring outstanding female leaders in the consumer credit industry. This episode features Rochelle McClanahan, Chief Financial Officer/Compliance Officer with Brundage Management/Sun Loan. She chats with Danielle Fagre Arlowe, SVP of AFSA, on how she ended up in the industry, who her influences are, and touches on the importance […]

Inflation & Consumer Credit
May 30, 2023

Inflation is a complex phenomenon influenced by various factors, but its consequences cannot be under-estimated. In such an environment, access to credit becomes increasingly crucial for individuals and businesses. While the cost of many forms of credit may increase, it’s important that consumers have access to credit, as it may allow them to bridge the […]

Elevate in Salt Lake | Committee Meetings
May 30, 2023

AFSA is pleased to announce our Committee Meeting lineup for the 2023 Annual Meeting! AFSA’s committee meetings* are your key to accessing the most up-to-date information on everything important to your business. From best practices, to what’s happenings on Capitol Hill, and in state capitals and regulatory agencies, along with important committee activities, and quality network time with fellow attendees. AFSA’s […]

We Call It Memorial Day For a Reason
May 29, 2023

The American Financial Services Association and its members have long supported our nation’s military veterans, current servicemembers, and their families. It seems that with every passing year, the intent of Memorial Day becomes less apparent, but it’s important to remember why our nation marks Memorial Day.  Memorial Day began as Decoration Day in the late […]

Stephen McDaniel & Rick Hackett on F&I Compliance
May 25, 2023

In this episode of the AFSA Extra Credit Podcast, Dan chats with Stephen McDaniel, Co-founder & CEO with F&I Sentinel and Rick Hackett, Board Member with F&I Sentinel and former Assistant Director at the Consumer Financial Protection Bureau. We pick Stephen’s brain on some of the strategies companies can use to ensure F&I compliance is […]

Only the Best for AFSA Meetings
May 24, 2023

AFSA has been fortunate to host its conferences in outstanding destinations across the country. And the 2023 Annual Meeting will be no different. In fact, you might say we’re taking this meeting to entirely new heights. Not just because of the elevation in and around Salt Lake City, but because Utah was just rated the […]

Elevate in Salt Lake
May 16, 2023

The American Financial Services Association is pleased to announce that Clint Pulver, one of the most sought-after leadership experts on employee retention, will be the Keynote Speaker at the 2023 AFSA Annual Meeting from October. Clint is the #1 bestselling author of I Love It Here: How Great Leaders Create Organizations Their People Never Want To […]

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