The American Financial Services Association (AFSA) is hosting a webinar on June 12th at 2:00 p.m. EST titled "Built to Perform: The AI Models Powering the Next Era of Auto Finance."
The American Consumer Institute has voiced its opposition to the Credit Card Competition Act, cautioning that it could eliminate credit card rewards without providing consumer savings.
Patrice Onwuka, Director of the Center for Economic Opportunity at the Independent Women’s Forum, has expressed concerns over the Credit Card Competition Act amendment.
Auto finance portals are currently not meeting customer expectations, with only 2% of industry websites and mobile apps offering a truly valuable digital experience.
The American Financial Services Association (AFSA) has raised concerns with the Federal Trade Commission (FTC) regarding recent policy shifts in the interpretation of the Holder Rule.
The Government Accountability Office (GAO) has released a report requested by Senator Dick Durbin and Congressman Lance Gooden concerning the government's use of credit cards.
The Illinois General Assembly has decided to delay the implementation of the Illinois Financial Protection Act (IFPA), a move that has been met with criticism from various stakeholders.
The Bank Policy Institute, Forcht Bank, and the Kentucky Bankers Association have filed a motion with the U.S. District Court for the Eastern District of Kentucky to vacate the Consumer Financial Protection Bureau's (CFPB) Section 1033 rule.
Last week, the American Financial Services Association (AFSA), along with other associations, endorsed a letter in support of the reconciliation bill in the U.S. House.
Last week, the American Financial Services Association (AFSA), alongside other associations, expressed opposition to Amendment 2239 to Senate Bill 1582 through a letter addressed to U.S. Senate leadership.
The Government Accountability Office (GAO) has released a report highlighting the advantages of credit and debit card payments for government agencies.
Jason Stverak, Chief Advocacy Officer for the Defense Credit Union Council (DCUC), expressed concerns that the Credit Card Competition Act could compromise cybersecurity by channeling transactions through unvetted, foreign-controlled networks.
Anthony Lamorena, a fellow for the R Street Institute, said the Credit Card Competition Act is based on a flawed premise that understates competition in the credit card network market.
Chris Merritt, a business owner at Merritt Roofing LLC, expressed concerns that the Credit Card Competition Act would benefit large corporations while negatively impacting small businesses like his.