The Bureau of Economic Analysis (BEA) released its advance estimate for second quarter 2025 real GDP growth, showing a seasonally adjusted annual rate of 3 percent.
The American Financial Services Association (AFSA) has joined other trade groups in submitting a letter to Congress supporting the “Business of Insurance Regulatory Reform Act.” The proposed legislation seeks to amend the Consumer Financial...
Secure Collateral Management (SCM) will discuss its approach to vehicle recovery in an upcoming webinar hosted by the American Financial Services Association.
On July 18, 2025, the American Financial Services Association (AFSA) submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) regarding compliance dates for section 1071 of the small business lending data collection rule.
On July 21, 2025, the American Financial Services Association (AFSA) submitted comments to the Consumer Financial Protection Bureau (CFPB) concerning the consumer complaint portal.
On July 18, the American Financial Services Association (AFSA) submitted comments on an information collection notice from the Department of Defense concerning the Military Lending Act.
On July 18, 2025, the American Financial Services Association (AFSA) submitted a comment letter addressing the Consumer Financial Protection Bureau's (CFPB) proposal to alter the allocation of money collected from fines imposed on financial...
Join the American Financial Services Association (AFSA) webinar on Thursday, July 24th at 2:00 p.m. EST to explore the evolution of branch-level marketing in the lending industry.
The Federal Deposit Insurance Corporation (FDIC) has decided to withdraw its proposed rule concerning Parent Companies of Industrial Banks and Industrial Loan Companies (ILC).
AFSA's State Government Affairs has released its July white paper addressing concerns about the "true lender" doctrine and state actions to prevent evasion of interest rate caps through bank-fintech partnerships.
The recently enacted "One Big Beautiful Bill" (OBBB) is a comprehensive piece of legislation impacting various sectors of the American economy, including consumer financial matters.
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.
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...
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.
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.