The American Financial Services Association has learned about two scams that people and/or companies are offering to AFSA members.

The American Financial Services Association on January 22 hosted the Top Ten Debt Collections Issues in 2020 webinar, with Kelly Knepper-Stephens, VP of Legal and Compliance, TrueAccord, Caren Enloe, Partner, Smith Debnam, and Ethan Ostroff, Partner, Troutman Sanders sharing insight into new and evolving trends. The presenters covered many issues; we’ve provided a short summary below.

In this episode of the AFSA Extra Credit Podcast, we’re speaking with Rhonda Ashburn, Executive Director of the AFSA Education Foundation. We touch on the power of financial education and look at the many successes the Foundation has had in 2019. We also take a look at the path forward in 2020, when AFSAEF will be celebrating its 30th anniversary.

AFSA submitted a comment on Tuesday to House Energy and Commerce Committee Chair Frank Pallone (D-NJ) and Ranking Member Greg Walden (R-OR) regarding their draft privacy legislation. AFSA commended the Members for their efforts for meaningful reform in this area and offered some suggestions on the bill’s text.

With the rapidly changing marketplace, what do lenders need to know about their dealer partners? How will dealers be positioning their businesses for the near and long term? Are there new products and services which will change the business model? How will technology change the way dealers operate?

Join us tomorrow at 2 p.m. ET for Top Debt Collection Issues in 2020, presented by AFSA.

AFSA President & CEO Bill Himpler gives an update to members about all the recent happening on Capitol Hill and around the organization.

Earlier this week in comments to North Country Public Radio New York Governor Andrew Cuomo warned that “many New Yorkers are vulnerable to predatory businesses because they are shut out of the banking system.” To help combat the problem, he introduced a banking proposal to invest $25 million over the next five years in the state's Community Development Financial Institutions, which are largely funded via the U.S. Treasury Department’s CDFI program. AFSA recently published a white paper on subsidized loan programs.

You might be knowledgeable enough to change the oil in your car, but are you able to get under the hood of your business and understand cyber security risks?

Tom Miller, a professor and Jack R. Lee Chair in Financial Institutions and Consumer Finance at Mississippi State University and Todd Zywicki, a University Foundation Professor of Law at George Mason University Antonin Scalia School of Law published a must-read piece in Real Clear Policy yesterday.