American Credit News

The American Financial Services Association (AFSA) has announced the appointment of Celia Winslow as its new President and Chief Executive Officer, following the planned retirement of Bill Himpler.

The American Fintech Council (AFC) has submitted a comment letter to the Office of the Comptroller of the Currency (OCC) in response to its recent Request for Information on community bank digitalization.

The American Fintech Council (AFC) has expressed approval for the Louisiana Legislature's recent enactment of House Bill 368, a law setting responsible standards for Earned Wage Access (EWA) services.

Americans are anticipated to spend around $15 billion on Independence Day supplies such as food, drinks, and fireworks this year.

The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association have jointly submitted comments to the U.S. Department of the Treasury.

The American Financial Services Association (AFSA), a longstanding trade association dedicated to the consumer credit industry, has announced Celia Winslow as its new President and Chief Executive Officer.

Uncertain economic conditions continue to challenge U.S. consumers, many of whom struggle to meet basic needs and prepare for future expenses.

Last week, the House Financial Services Subcommittee on Oversight & Investigations conducted a hearing titled “From Watchdog to Attack Dog: Examining the CFPB’s Chopra-era Assault on Disfavored Industries.” The session focused on regulations and...

Rocket Companies, a Detroit-based homeownership platform, has finalized its acquisition of Redfin.

Following more than two years of advocacy, the American Fintech Council (AFC) has achieved a significant regulatory milestone.

The American Fintech Council (AFC) has expressed its approval of the Federal Deposit Insurance Corporation's (FDIC) recent decision to approve the Customer Identification Program (CIP) Rule Exemption Order.

The Federal Reserve has decided to maintain short-term interest rates, keeping the federal funds rate target range at 4.25 percent to 4.5 percent, a level it has held since December of last year.

TAB Bank has become the latest member of the American Fintech Council (AFC), an association representing responsible fintech companies and innovative banks.

Bank Policy Institute CEO Greg Baer has issued a statement regarding the Federal Reserve Board's recent decision to advance a proposal on the supplementary leverage ratio (SLR).

Rep. Sarah McBride of Delaware recently addressed the House Financial Services Committee, advocating for the Ending Scam Credit Repair Act (ESCRA).

The Bank Policy Institute (BPI) and the U.S. Chamber of Commerce Center for Capital Markets Competitiveness have expressed concerns over the Federal Reserve's proposed changes to stress tests that determine banks' capital requirements.

Rocket Mortgage has announced the introduction of bridge loans, a financial product aimed at helping homeowners navigate the competitive housing market.

In the rapidly changing financial services sector, a pressing issue has emerged for lenders and merchants: how to reconcile stringent regulatory compliance with the increasing demand for seamless payment experiences.

PayNearMe is set to host a webinar on June 26, 2025, at 2:00 p.m. EST focusing on the factors influencing the total cost of acceptance in payment systems.

The American Fintech Council (AFC) has expressed its strong support for New York Assembly Bill 3307A, which aims to modernize the state's Uniform Commercial Code (UCC) to better align with emerging technologies.