Join us on December 1 at 2:00 p.m. for 2023 Marketplace Outlook and Maintaining Business Resiliency presented by Cox Automotive. Instability, affordability, and new normal remain popular themes as we close out one year and head into the next. Join us as Cox Automotive thought leaders discuss how the auto retailing ride will appear to end in 2022 — […]

After two-plus years of a pandemic and financial uncertainty, the economic outlook remains murky. The vehicle industry continues to see inventory strains, increased consumer interest in electric vehicles, chip shortages, ballooning interest rates, and regulatory actions that provide little clarity for the marketplace. Join our expert panel for a deep dive on the challenges and […]

Today, a group of Democrat Senate and House members reintroduced legislation, the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act. AFSA strongly opposes the mis-named legislation, which would actually harm, not help consumers. Among other things, the bill would prohibit convenience checks and require state-licensed installment lenders to register with the Consumer Financial Protection […]

Over the weekend AFSA Education Foundation (AFSAEF) staff joined AFSA member company representatives in Columbus, Ohio for the Family, Career and Community Leaders of America (FCCLA) National Fall Conference. The conference drew over 1,200 FCCLA middle and high school members, Family and Consumer Sciences teachers and advisers, and supporters from across the nation. AFSAEF exhibited […]

Join us on November 17th at 2:00 p.m. for Disrupting The Status Quo: Learn How AI and Machine Learning are Creating Unprecedented Efficiencies in Auto Finance, presented by Wolters Kluwer. One of the biggest challenges holding back end-to-end digital financing for automotive loans is the data problem. How should lenders digitally capture accurate customer data from loan paperwork […]

Earlier this year, the American Financial Services Association and other trades requested that the Federal Trade Commission (FTC) extend [7/1/22 Letter & 10/19/22 Letter]  the deadline for compliance with its data security safeguards proposal for financial institutions, a request endorsed by the Small Business Administration’s Office of Advocacy other trade groups, and a bipartisan group […]

Today, the American Financial Services Association joined other associations (The American Bankers Association, ACA International, Credit Union National Association, Mortgage Bankers Association, National Association of Federally Insured Credit Unions, National Council of Higher Education Resources, and Student Loan Servicing Alliance), in filing a comment with the Federal Communications Commission (FCC) regarding its effort to target and eliminate unlawful text messages. The FCC’s proposed rule would […]

Today, AFSA and the Consumer Credit Industry Association (CCIA) joined together in an amicus brief emphasizing the importance of federalism and the separation of powers enshrined in the U.S. Constitution. The case, Commonwealth of Pennsylvania, et.al. v. Mariner Finance, is in the District Court for the Eastern District of Pennsylvania. The suit, brought by five […]

The New York Department of Financial Services released new proposed language for their cybersecurity rules and will be taking comments until January 9, 2023. The proposed rules create new cybersecurity guidelines based on company size, operations, and nature of business. The rules also outline requirements for risk assessments and standards for employee training and awareness. AFSA […]

Join us on November 17th at 2:00 p.m. for Disrupting The Status Quo: Learn How AI and Machine Learning are Creating Unprecedented Efficiencies in Auto Finance, presented by Wolters Kluwer. One of the biggest challenges holding back end-to-end digital financing for automotive loans is the data problem. How should lenders digitally capture accurate customer data from loan paperwork […]