American Credit News

Sales via credit and debit card transactions contributed nearly $12 trillion to the U.S. economy in 2024, as reported by Nilson.

The American Fintech Council (AFC) has announced its support for the Employer Participation in Repayment Act, a bipartisan and bicameral bill.

On March 17, 2025, the American Financial Services Association (AFSA) submitted a comment letter to the Internal Revenue Service (IRS) concerning a proposed rule for Commercial Clean Vehicle Tax Credits.

United States Senator Elizabeth Warren has issued a statement ahead of the Federal Reserve's anticipated decision regarding interest rates.

The American Fintech Council (AFC) has announced a strategic partnership with Moss Adams, an accounting, consulting, and wealth management firm.

Senator Elizabeth Warren, along with Senators Tina Smith, Cory Booker, Raphael Warnock, and Alex Padilla, has called on the Government Accountability Office (GAO) to investigate significant reductions in fair housing enforcement at the Department...

Navy Federal Credit Union has announced a strategic partnership with the Curql Collective, a group of over 130 credit unions that collaborate to invest in fintech solutions.

In the evolving field of auto finance, industry professionals are set to gather for a webinar focused on mastering margin management during uncertain times.

We believe investing in new technologies and legislating national data security standards will create a stronger payment system

Ian P. Moloney, Head of Policy and Regulatory Affairs at the American Fintech Council (AFC), has issued a statement emphasizing the critical role of the Community Development Financial Institutions Fund (CDFI Fund).

The American Fintech Council (AFC) has sent a letter to Russell Vought, congratulating him on his confirmation as Director of the Office of Management and Budget and thanking him for assuming additional responsibilities as Acting Director of the...

The Bank Policy Institute (BPI) has announced the appointment of Clara Kim as Senior Vice President, BSA/AML & Sanctions.

Chase Freedom has announced its second-quarter cash back categories, offering cardmembers 5% cash back on Amazon purchases and select streaming services.

House Financial Services Committee Chairman French Hill expressed approval following the nomination of Michelle "Miki" Bowman as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System.

Policymakers are being urged to allow banks to innovate with artificial intelligence and address constraints that prevent them from doing so, according to the Bank Policy Institute (BPI).

SoFi Technologies, Inc. has finalized a significant agreement with Blue Owl Capital for its Loan Platform Business.

Ampersand Inc., a financial services provider based in the Midwest, has joined the American Fintech Council (AFC), as announced by AFC on March 13, 2025.

AFSA is observing Women's History Month by highlighting notable female leaders in the consumer credit sector.

Senator Elizabeth Warren has expressed significant concerns regarding the current form of the GENIUS Act, a proposed stablecoin bill.

The American Financial Services Association, along with other financial-services trade groups, has expressed opposition to proposed legislation that seeks to impose a 10 percent annual percentage rate (APR) cap on credit cards.