Why finance companies are using verification tools at record levels
Sep 27, 2018
The following article is part of AFSA's Business Partner Webinar Series. You can learn more during Equifax's webinar on Oct. 2 at 2 p.m. ET entitled Verify to Clarify – Know More About Your Customers to Help Grow & Increase your Portfolio Profitability. Registration is open now.
SGA report previews pros and cons of battleground gubernatorial races
Sep 26, 2018
AFSA’s State Government Affairs (SGA) team this week published its White Paper on the 2018 Gubernatorial Elections Preview, examining the races in states that will hold elections.
Looking Ahead: Perspectives from the BCFP’s Office of Innovation
Sep 24, 2018
Paul Watkins, Director of the Office of Innovation at the Bureau for Consumer Financial Protection (BCFP), is the luncheon speaker Oct. 24 at AFSA’s upcoming Annual Meeting.
Webinar to Look at Income Verification
Sep 20, 2018
Join AFSA on Tuesday, October 2 at 2 p.m. ET for Verify to Clarify – Know More About Your Customers to Help Grow & Increase your Portfolio Profitability, presented by Equifax.
Federal Issues are the Focus of AFSA’s Second Podcast
Sep 20, 2018
The second podcast in AFSA’s recently-launched AFSA Today series is available at afsaonline.org/podcasts.
AFSA Attends Credit Visibility Symposium
Sep 18, 2018
AFSA staff attended the Bureau of Consumer Financial Protection’s (BCFP) Building a Bridge to Credit Visibility Symposium on Sept. 17, the focus of which was using innovation to build economic opportunity.
BCFP Engages with State Officials
Sep 17, 2018
The Bureau of Consumer Financial Protection (BCFP) this week posted a blog saying it is emphasizing growing its state and local government relationships, as part of its Strategic Plan and Objectives for this year.
Former Google CIO presents webinar on Machine Learning and Credit Models
Sep 13, 2018
Today’s financial institutions understand the power of artificial intelligence to drive profitability in their businesses. Many lenders employ data science teams who are experimenting with machine learning. But the challenge for many in-house modelers is getting machine learning models into production in a safe and responsible manner, consistent with regulatory requirements.
BCFP, Fed, other agencies say “guidance” is not the same as law
Sep 12, 2018
The Bureau of Consumer Financial Protection (BCFP) and four other federal agencies this week issued a joint statement explaining the role of supervisory guidance for regulated institutions, clarifying that guidance does not have the same effect as law.
Economist: Vehicle demand remains strong; headwinds possible for manufacturers and lenders
Sep 10, 2018
Despite the announcement last week that U.S. auto sales through August are tracking at an annual rate of 17 million units by year-end, certain economic headwinds are possible which would affect both auto manufacturers and lenders in the future. The industry peaked in 2016 with a record 17.6 million new vehicle sales.