8:00 a.m.—8:40 a.m.
Independent Auto Finance Executives Group Breakfast
8:40 a.m.—11:00 a.m.
Independent Auto Finance Executive Group Meeting
9:00 a.m.—5:30 p.m.
Law Committee – (committee members only)
8:30 a.m.—10:00 a.m.
Professional Development Committee
10:00 a.m.–12:00 p.m.
AFSAEF Board of Directors
12:00 p.m.–12:30 p.m.
AFSAEF Board of Directors Lunch
12:00 p.m.–12:45 p.m.
Luncheon: Vehicle Finance Board, Independent Auto Finance Executives Group, Commercial Credit Committee
12:30 p.m. – 2:00 p.m.
THE EDGE Advisory Board
12:45 p.m.-3:00 p.m.
Vehicle Finance Division Board
Top Issues for Auto Dealers:
Wes Lutz, 2018 Chairman, NADA
Flat Dealer Compensation – A Retrospective Economic:
A preview of findings from CRA’s ongoing research on dealer compensation in the indirect auto finance market. The researchers draw upon recent market experience to quantitatively assess the economic viability of the Cordray-era BCFP’s preferred method of dealer compensation.
Arthur Baines, Vice President and Co-Practice Leader, Charles River Associates
1:00 p.m. – 3:00 p.m.
3:15 p.m. – 5:15 p.m.
AFSA Executive Committee
3:15 p.m. – 5:15 p.m.
Vehicle Commercial Credit Committee
4:30 p.m.- 5:30 p.m.
5:30 p.m. – 7:30 p.m.
7:00 p.m. – 8:30 p.m.
Vehicle Finance Board Reception/Dinner
7:00 p.m. – 8:30 p.m.
Law Committee Dinner
6:30 a.m.—7:15 a.m.
Marina Sunrise Run (3 Mile Run, meet by pool.)
8:00 a.m.—8:30 a.m.
10:15 a.m.—3:00 p.m.
Law Committee (committee members only)
11:30 a.m.—12:15 p.m.
General Session: When AI Met Credit
Douglas Merrill, Founder and CEO, ZestFinance
Join Douglas Merrill, a pioneer in the field of artificial intelligence and machine learning, for a conversation on the origins and the application of advanced mathematics in credit. A former Googler and early Ph.d. in artificial intelligence, Douglas will explain the basics of machine learning (including its strengths and weaknesses) and discuss the ways AI will radically transform lending.
12:15 p.m. – 1:15 p.m.
1:15 p.m.-2:45 p.m.
AFSA Board of Directors
1:30 p.m. – 2:45 p.m.
Human Resources Committee Roundtable
1:30 p.m.-2:15 p.m.
Credit Risk Management Fraud Panel:
The panel comprised of Fraud investigators across the industry will discuss Fraud Trends - different perspectives, Fraud Types, including Synthetic ID and ID Theft, Fraud Management Strategies and Tools, and Consumer and Commercial Fraud
David Navarro, Detective, California Highway Patrol
Taimor Noor, Director, Fraud Investigation and Prevention at Hyundai Capital America
Scott Wilder CFE, Fraud Control Manager, Toyota Financial Services
Kimberly White, LexisNexis
2:15 p.m.-3:00 p.m.
Vehicle Credit Risk Committee
3:00 p.m.-4:00 p.m.
Education Session: Cybersecurity: The Role of HR in Protecting Your Company
Learn about the role of HR with respect to emerging roles of COIT (Consumerization of Information Technology) and BYOD (Bring Your Own Device) principles and the use of personal and business hardware and software in the workplace. What is HR’s role in developing written data protection policies and procedures? What training is required to ensure there is a clear understanding of the policies; the use of business devices for personal use and vice-versa; how to protect Personally Identifiable Information, and employer and client confidences with respect to COIT and BYOD (e.g. travel, public hotspots and wifi, available hardware and software); as well as how to respond to data breaches and hardware losses. What are the disciplinary options and the consequences to employees for failing to adhere to these policies?
Rhonda L. Nelson, Chair of Labor Employment Group, Severson & Werson
Scott J.Hyman, Data Protection Officer and Vice-Chair of Financial Services Practice Group
3:00 p.m. – 4:00 p.m.
Business Partner Board
5:30 p.m.- 6:00 p.m.
6:00 p.m. – 8:30 p.m.
Annual Meeting Dinner & Entertainment
The Man of Thousand Voices
Rich Little, Comedian & Celebrity Impersonator
Named "the man of 1,000 voices" by Mel Blanc (the voice of Bugs Bunny and Daffy Duck), master impressionist Rich Little has charmed, amused and intrigued audiences for more than 50 years. In addition to sharing plenty of jokes, songs, videos and personal stories, the comedy icon will embody a dizzying number of beloved actors, singers and politicians, including John Wayne, George Burns, Johnny Carson, Frank Sinatra and more.
8:00 a.m.—9:30 a.m.
General Session: State AG Elections Rundown (with breakfast)
State attorneys general are quickly becoming among the most powerful and influential governmental actors affecting financial institutions today. With 31 AG seats up for grabs in November, the outcome of the elections could mean a major shift in AG enforcement priorities in 2019. This session will offer insights into this year’s AG elections from two attorneys with decades of AG experience who run Cozen O’Connor’s State AG Election Tracker, the only online resource providing daily coverage of all state AG races.
Lori Kalani, Co-Chair, State Attorneys General Practice, Cozen O’Connor
Bernie Nash, Co-Chair, State Attorneys General Practice, Cozen O’Connor
9:45 a.m.—10:30 a.m.
Stan Butler, President, President & CEO Heights Finance
Change Management Session
Consumer finance businesses are under constant pressure to change, whether based on legal and regulatory dictates or business considerations. Ensuring that a change to products, processes, or systems is completed in a reliable, demonstrable manner is tougher than it seems. This session will talk about change management as a discipline, and share insights that will help your company reduce the difficulties inherent in transformative efforts.
Niall Twomey, CRCM, Principal at Crowe LLP
MODERATOR:Philip Bohi, Vice President, Compliance Education, AFSA
9:45 a.m.—11:45 a.m.
10:45 a.m.—11:45 a.m.
The Digital Retailing Revolution – How Technology is Impacting Consumer Finance
Over the past 20 years, many industries have been innovated or disrupted by digital technology. Amazon.com is now the most valuable retailer in the world. In the foreseeable future, the way people buy and finance cars will also fundamentally change. Financial institutions in the auto lending business will have to adapt to younger, more tech-savvy generations of customers who demand a different way of doing business. Established industry players and startups can collaborate on creating a new digital customer experience that caters to the growing needs of the modern consumer.
Andreas Hinrichs, CEO Digital Motors
Georg Bauer, President & Co-Founder of Fair.com
Steve Greenfield, SVP Strategy & Business Development at TrueCar, Inc.
12:00 p.m.—1:30 p.m.
Luncheon & Speaker
Looking Ahead: Perspectives from the BCFP’s Office of Innovation
Paul Watkins, Director of the BCFP’s Office of Innovation, will share insights into the Bureau’s plans in the technology space. Recent announcements regarding international cooperation and a reinvigorated disclosure sandbox demonstrate the Bureau’s eagerness to encourage innovation in consumer financial products and services.This session will be a unique opportunity to learn more about the Bureau’s agenda for innovation.
1:45 p.m.–2:45 p.m.
Compliance Science Fair
Come see how technology is making operating a consumer finance business more efficient and compliant. Technology vendors will demonstrate their wares in an interactive session designed to show how technology is empowering better control and understanding of your business.
3:00 p.m.–5:00 p.m.
6:30 p.m.–8:30 p.m.