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. By Allied Solutions Evergreen class action lawsuits are bringing increased attention to ancillary product refunds (such as GAP, Tire & Wheel, AD&D etc.) due when they no […]

This week, AFSA’s State Government Affairs team sent a letter to the New York Department of Financial Services (DFS) regarding DFS’ proposed rules on commercial financing. Published on September 14, the proposed rule would clarify disclosure requirements for providers offering commercial financing. In the letter, AFSA requested that DFS exempt transactions that provide disclosures that […]

The State AG Report, managed by AFSA Business Partner Cozen O’Connor, will host a live election tracker for all state attorney general (AG) elections. The page will be a one-stop shop for AFSA members to view live results of the upcoming state AG elections in 30 states and the District of Columbia. In 21 states, […]

The featured Business Partner for November is NETSOL. Learn more at https://www.netsoltech.com With over forty years of experience in providing state-of-the-art solutions, cost-effective capabilities and consulting services to the global asset finance and leasing industry, NETSOL caters to companies, including bluechip organizations, with ever growing and diverse business requirements across the world. NETSOL’s premier, next-gen […]

AFSA’s State Government Affairs Team recently published its monthly White Paper. This month’s white paper discusses recent developments around gubernatorial emergency powers. Each state allows its governor to declare a state of emergency under certain circumstances. Under a state of emergency, governors are granted expanded powers to efficiently respond to a crisis.   During the pandemic, […]

PayNearMe Launches PayNearMe Insights, an Industry-Leading Suite of Tools to Democratize Data for Clients “Data shouldn’t be locked in the hands of a few,” John Minor, Chief Product Officer, PayNearMe, said. “There are billions of data points that live within the PayNearMe ecosystem. We are democratizing payments and consumer behavior data for our clients, making […]

We’ve got two shows for you today on the AFSA Extra Credit Podcast. First, the Consumer Financial Protection Bureau’s supervisory and enforcement powers can be confusing and if your company is in the crosshairs, a bit unnerving. Luckily, we’ve got CFPB experts from Manatt, Phelps and Philips LLP, to help guide listeners through the experience. Bryan […]

In this episode of the Extra Credit Podcast, Dan chats with Tyler Gray, Director of Sales with LCT on voluntary protection products. Lots of states, including most recently California, have instituted new voluntary protection product guidelines. Federal agencies are also looking at VPPs closely. So, where to start? Get a handle on where you’re doing […]

AFSA created the Distinguished Service Award (DSA) in 1941 to recognize individuals who contribute to the growth of the financial services industry and our association. Today, at the 2022 Annual Meeting at The Breakers in Palm Beach, FL, the 81st DSAs were awarded to two exceptional leaders in the consumer credit industry: Danny Cantrell, Founder, […]

Yesterday, the Federal Trade Commission (FTC) released an advance notice of proposed rulemaking (ANPR) “to address certain deceptive or unfair acts or practices relating to fees.” The full ANPR can be found here. AFSA is particularly concerned about the Commission’s identification of “junk fees” in auto finance and credit insurance, especially when these practices are highly […]