August Featured Business Partner | Lightico
Aug 01, 2022
The featured AFSA Business Partner for August is Lightico. We asked them a few questions about the value of AFSA membership and some of the opportunities or challenges they face in 2022. Learn more at lightico.com. What are some key initiatives for your clients in 2022 that you are planning to support? Rising inflation and high […]
Don’t Miss AFSA’s August Business Partner Special
Aug 01, 2022
Join as an AFSA Business Partner by August 31st and receive a complimentary registration to the 2022 AFSA Annual Meeting at the historic Breakers Hotel in Palm Beach – a $1499 value! Founded in 1916, AFSA is the primary trade association for the consumer credit industry, protecting access to credit and consumer choice. AFSA members […]
House Passes SECURE Act
Jul 28, 2022
The House yesterday passed H.R. 3962, the Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021, also known as the SECURE Act, with a vote of 336-90. Introduced by Reps. Madeleine Dean (D-PA), Kelly Armstrong (R-ND), and 32 original bipartisan cosponsors, the SECURE Act expands the usage of Remote Online Notarizations (RONs) […]
LISTEN | Philip & Dan Buy Cars Pt. 1
Jul 28, 2022
We’ve got an special series of episodes for you here on the AFSA Extra Credit Podcast. Over the next three episodes or so, I’ll be joined by my colleague Philip Bohi, AFSA’s VP of Compliance Education to discuss our recent purchases of new vehicles. We thought, given our work with the vehicle finance industry and […]
Ease Inflation But Remember Consumers
Jul 28, 2022
The U.S. Census Bureau last year launched a survey on the financial health of American households. While the Census survey is new and has little historical data to draw upon, the most recent iteration of the tracking survey confirms the challenges many American consumers are facing in these inflationary times. “Four in ten adults said […]
Break Away & Grow at the AFSA Annual Meeting
Jul 26, 2022
Join us for AFSA’s 2022 Annual Meeting at one of America’s most iconic resorts – The Breakers in Palm Beach, Florida. Discuss how one of America’s most crucial industries – consumer credit – is creating opportunity for our customers while sustaining our economy. Break away and grow… Your knowledge of the evolving consumer credit marketplace and what […]
AFSA Seeks Delay on FTC Safeguards Rule
Jul 22, 2022
This week, the American Financial Services Association, along with ACA International, the Consumer Data Industry Association, and the National Automobile Dealers Association, requested that the Federal Trade Commission (FTC) delay the effective date of the Standards for Safeguarding Customer Information rule (Final Rule) until December 2023. AFSA members appreciate the FTC’s work to protect customers’ […]
AFSA Supports Rescinding SEC Climate Disclosure Rule
Jul 21, 2022
The American Financial Services Association (AFSA) supports Ranking Member Luetkemeyer (R, MO) and Small Business Committee Republican Members calling on the Securities and Exchange Commission (SEC) to rescind The Enhancement and Standardization of Climate-Related Disclosures for Investors proposed rule. AFSA commented on the proposed disclosure rule in June. As Representative Luetkemeyer writes, the wide reach […]
Protecting America’s Servicemembers
Jul 19, 2022
Our friends at the Consumer Financial Protection Bureau are out today with a commentary on protecting America’s military servicemembers. It’s an important topic not only for the men and women of the Armed Forces, but for the nation they serve to protect, as well as policymakers who set the rules that affect our servicemembers. We […]
Supporting Consumer Privacy That Works
Jul 19, 2022
The American Financial Services Association has long supported a federal privacy law that is durable and protects American consumers. However, AFSA has significant concerns with H.R. 8152- the American Data Privacy and Protection Act (ADPPA), will affect the ability of financial institutions to best serve their customers. First, regulated financial institutions are already subject to […]