Beehive State or Beer State? If you’re joining us in the Beehive State for the 2023 AFSA Annual Meeting and you have a thirst for some hoppy goodness, you’re in luck. Salt Lake City may surprise you with its vibrant craft beer scene. Check out a few of the breweries you’ve got to look forward […]

PayNearMe Celebrates Processing $1B in Digital Loan Disbursements to Fund Low-Income, Entrepreneurial Women For Nonprofit Grameen America PayNearMe makes disbursing loans as easy, fast and convenient as receiving electronic payments; allows clients to offer customers more options for how to receive funds. “During the last two years, we have utilized PayNearMe digital Disbursements to send […]

AFSA members stressed the importance of access to credit directly with legislators and policymakers this week during AFSA’s annual fly-in. Consumer credit is crucial to Americans from coast to coast. Engaging with policymakers is one of the best ways to ensure they understand the importance of access to credit, and the importance of policies that […]

In this episode of the podcast, Philip Bohi, VP of Compliance Education talks with Dr. Adam Gailey, Principal in the Financial Economics Practice at Charles Rivers Associates, on getting your Fair Lending house in order and looking carefully at questions surrounding things you can control like underwriting, buy rate setting and servicing. State and federal […]

The Featured Business Partner for June is ACI Worldwide. As an unrivaled leader in billing and payments, ACI Worldwide offers ACI Speedpay, proven to drive efficiency and increase collections. Through our comprehensive suite of software solutions, we provide real-time payment and disbursement capabilities and enable the industry’s most complete consumer finance payments experience. We work closely […]

The labor market remained buoyant in May, according to the latest employment report from the Bureau of Labor Statistics (BLS). In addition to muddying the waters with respect to the U.S. economic outlook, this month’s jobs report also complicates Federal Reserve interest rate policy. Here’s the lowdown: Nonfarm payrolls grew by 339,000 during the month, […]

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 […]

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 […]

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 […]

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 […]