The American Financial Services Association (AFSA) reported in its newsletter that auto loan approval rates declined in October, despite lenders expanding access through increased subprime lending, longer terms, and reduced down payment requirements.
Visa and Mastercard are nearing a settlement with merchants that would lower interchange fees and give businesses more flexibility in accepting payments, according to a recent report by the Washington Reporter.
This week, The Wall Street Journal Editorial Board published an opinion piece addressing recent developments in the ongoing debate over credit card swipe fees.
As auto lending demand is expected to rise with falling interest rates, industry professionals are turning to automation to address the challenges of scaling operations.
The American Financial Services Association (AFSA) has announced that Kevin Cullum, president of Nissan Motor Acceptance Corporation, will assume the role of chair of its board of directors for the 2025-26 term.
Spencer Fane, a national law firm specializing in banking, fintech, digital assets, and emerging technologies, has joined the Legal Advisory Committee of the American Fintech Council (AFC).
The American Fintech Council (AFC) has announced changes in its policy leadership, promoting Ian P. Moloney to Chief Policy Officer and appointing Eric W. Taylor Jr. as Director of Policy and Regulatory Affairs.
Kevin Cullum, President of Nissan Motor Acceptance Corporation, has been named Chair of the American Financial Services Association (AFSA) Board of Directors for the 2025-26 term.
A recent decision by a divided panel of the Tenth Circuit Court has upheld Colorado’s interpretation of opt-outs under the Depository Institutions Deregulation and Monetary Control Act (DIDMCA).
The American Fintech Council (AFC) has announced the recipients of its 2025 AFC Awards, which recognize leaders in the fintech industry who have contributed to financial inclusion and transparency.
A webinar hosted by the American Financial Services Association (AFSA) will address how auto lenders are using automation to respond to increasing demand as interest rates decline.
SoFi Technologies, Inc. announced the launch of SoFi Crypto, making it the first and only nationally chartered, FDIC-insured bank to offer crypto trading to consumers.
The American Financial Services Association (AFSA) has announced that vehicle financing and personal lending by finance companies contribute $145 billion to the U.S. economy and support nearly 840,000 jobs.
A recent decision by a panel of the Tenth Circuit Court has upheld Colorado’s opt-out from the Depository Institutions Deregulation and Monetary Control Act (DIDMCA).
Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt commented on the recent settlement agreement reached between Visa, Mastercard, and a class of merchants regarding card processing costs.
Capital One and T-Mobile have introduced a new co-branded credit card, the T-Mobile Visa, which is available exclusively to eligible T-Mobile customers.