Last week, the U.S. House of Representatives passed the FY2022 National Defense Authorization Act (NDAA), which included three amendments on which AFSA commented in a previous letter to the House Rules Committee. AFSA supported two amendments and opposed one. In addition, the House passed an amendment aimed at ending arbitration agreements for members of the Armed Services. Below is a quick summary of the three amendments.    Amendment […]

Join RSM’s industry leaders for a The Customer Experience Journey: Is Your Company Keeping Up With The Times? on October 7, 2021 at 2:00 p.m. ET to learn about the opportunities for lenders to adapt to these changes through innovation and an improved customer experience. Advancing technology, changing regulations and a necessary shift to online […]

On September 17, AFSA submitted comments in response to proposed rules from the California Department of Financial Protection and Innovation (DFPI). The proposed rules set forth requirements for licensees to establish a process for receiving and responding to consumer complaints. The prescriptive rules set specific timeframes for resolving complaints and the various disclosures about the process […]

Today, AFSA and about thirty other financial services trades sent a letter to the House Speaker Pelosi and Minority Leader McCarthy in advance of their consideration of a tax provision in the reconciliation package. The provision, which AFSA and others strongly oppose, would establish a broad new tax information reporting requirement, negatively impacting both individuals […]

AFSA is pleased to announce that Jelena McWilliams is confirmed as a featured speaker for AFSA’s Annual Meeting in Washington, D.C., from October 24 through October 27. Ms. McWilliams was sworn in as the 21st Chairman of the FDIC on June 5, 2018. Prior to her FDIC post, she served as Executive Vice President, Chief […]

Consumers have been trained by the big tech companies to expect instant 24/7 everything, including loan approvals. AI-driven lending, by using more data and smarter math, delivers consistent and fast credit decisions even when the human underwriters go home. In this webinar, we’ll talk with a lending leader who sees AI as a consistency and […]

AFSA is proud to confirm Carl M. Cannon, the dean of Washington political journalists, as a keynote speaker at its Annual Meeting in Washington, D.C.  Cannon will share his almost 40 years of political insights and experiences with AFSA attendees, as he discusses today’s political landscape and the 2022 midterm elections. Currently Washington Bureau Chief […]

The credit report is one of the most important pieces of financial information available to consumers nationwide. It is the key to unlocking more lending options for a new home or car and even enhanced rental opportunities. The beauty of the credit reporting system is that a specific consumer’s success it entirely in their own […]

AFSA’s State Government Affairs September White Paper covers municipal debt collection laws. In addition to state and federal laws governing debt collection, at least five municipalities have gone beyond the federal and state restrictions with local laws governing debt collection: the District of Columbia; Chicago, Buffalo, New York City, and Yonkers, New York. The white […]

September’s Featured Business Partner is DataScan. We asked them a few questions about the value of AFSA membership and some of the opportunities or challenges they face in 2021. Learn more at onedatascan.com. What are your financial services clients telling you are their biggest challenges and opportunities for 2021? As an industry-leading provider in floorplan […]