The asset finance industry is currently navigating a landscape filled with challenges such as fragmented customer experiences, disjointed credit approval processes, operational inefficiencies, missed growth opportunities, and regulatory complexities.
The American Fintech Council (AFC) has expressed its approval of the Utah Legislature's recent passage of the Earned Wage Access Services Act, a bipartisan initiative designed to enhance consumer protections while maintaining access to earned wage...
As the deadline for extending federal spending authorization approaches, Navy Federal Credit Union has announced plans to offer financial assistance to its members in the event of a government shutdown.
A legislative proposal, the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act, has been reintroduced by a group of Democrat Senate and House members.
AFSA has released its March State Government Affairs white paper, which provides a comprehensive analysis of interchange fees and their impact on both financial institutions and consumers.
The American Fintech Council (AFC) has expressed its support for the Financial Privacy Act of 2025, introduced by Representatives Warren Davidson and Jim Himes.
SoFi Technologies, Inc. has announced the completion of a $697.6 million securitization involving personal loans originated by SoFi Bank, N.A. This marks the first securitization of new collateral in SoFi’s Consumer Loan Program since 2021 and...
AFSA, in collaboration with the U.S. Chamber of Commerce and the Alliance for Automotive Innovation, has submitted comments on proposed amendments to the American Arbitration Association's Consumer Arbitration Rules and Employment Rules and...
A coalition of financial trade associations has called on the Cybersecurity and Infrastructure Security Agency (CISA) to reconsider its proposed cyber incident reporting rule.