An industry report from the National Restaurant Association has highlighted the significant role of credit and debit cards in supporting restaurant sales.
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.
Fragmentation in global financial regulation poses risks to competition, economic growth, and the resilience of financial systems, according to a paper published by the Bank Policy Institute (BPI), GFMA, and the Institute of International Finance.
The American Fintech Council (AFC) has filed an amicus brief in the case of Forcht Bank, N.A. et al. v. Consumer Financial Protection Bureau, et al., supporting the CFPB's rule on consumer data rights under Section 1033 of the Dodd-Frank Act.
The American Financial Services Association (AFSA) has announced the appointment of Celia Winslow as its new President and Chief Executive Officer, following the planned retirement of Bill Himpler.
The American Fintech Council (AFC) has submitted a comment letter to the Office of the Comptroller of the Currency (OCC) in response to its recent Request for Information on community bank digitalization.
The American Fintech Council (AFC) has expressed approval for the Louisiana Legislature's recent enactment of House Bill 368, a law setting responsible standards for Earned Wage Access (EWA) services.
The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association have jointly submitted comments to the U.S. Department of the Treasury.
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.