Last week, Congress returned from the Thanksgiving holiday recess and CFPB Director Rohit Chopra testified before the House Financial Services and Senate Banking Committees. While most of the conversation centered around supporting or arguing against the constitutionality of the Bureau, there were plenty of moments when AFSA’s advocacy efforts broke through. Below are key moments […]

AFSA’s Industry Expertise allows Business Partners to provide thought leadership and best practices information directly with AFSA member companies. For more information about taking part, contact Dan Bucherer. Behind the Wheel: Allied Solutions Reflects on Used Car Week By: Suzi Straffon, Director, Finance Company Markets | Allied Solutions Used Car Week was held in Scottsdale, AZ […]

The featured Business Partner for the month of December is PayNearMe. PayNearMe is the modern, reliable payments platform that facilitates debit, credit, ACH and mobile-first payments, including Cash App, PayPal, Venmo, Apple Pay and Google Pay for thousands of businesses and government agencies nationwide. PayNearMe also has the most convenient cash payment network, enabling consumers […]

This past week, AFSA’s state government affairs team sent a comment letter to the New York City Department of Consumer and Worker Protection (DCWP) on the updated proposed amendments to its rules relating to debt collectors. In the letter AFSA highlights concerns and suggests clarifications for various sections, including the scope of terms “debt collector” […]

New survey results from the Federal Reserve Bank of New York highlight recent trends in financial fragility and access to credit. Unfortunately, the news is not good, especially for younger households and those with weaker credit histories. The latest Survey of Consumer Expectations (SCE) Credit Access Survey reports that the likelihood of an average household […]

AFSA monitors every bill that might affect its members. This includes bills out of the typical committees of jurisdiction – the House Financial Services Committee and Senate Committee on Banking and Urban Development – as well as amendments offered during floor votes. It is important to know what legislation is being considered, but how often […]

What is the state of the vehicle marketplace and where do consumers stand as they plan for 2024?  How are overseas markets and industry players thinking about their forward-looking strategies and the U.S. market?  And where are the U.S. and global economies – and vehicle finance markets – headed in the coming year with both […]

With EV innovation, affordability, and financing options aligning for U.S. market growth in 2024, will U.S. policies and infrastructure keep pace? Gain exclusive insights in this must-attend session for AFSA conference participants from our All-Star Industry Analysts on market forecasts, access and affordability, and their views on where industry and consumer incentives and infrastructure build out […]

Consumers want to do business with companies that treat them fairly, are transparent, and – in the case of financial institutions – provide clear and easy to understand terms. Businesses should expect the same treatment from the policymakers and regulators that oversee them. AFSA appreciates the letter from Reps. Huizenga, Meuser, and Ogles to the […]

Financial industries are always looking to embrace innovations to meet consumer needs, particularly when it comes to understanding and utilizing data for a good, frictionless, and personalized digital experience for customers. As companies leverage AI and machine learning for data insights and an accurate understanding of their customers, how is AI providing actionable insights that […]