A financial technology trade group representing buy now, pay later providers such as Block Inc. and Klarna Bank AB is suing ...
On September 18, 2024, the Consumer Financial Protection Bureau (CFPB) published a compliance aid to its May 2024 interpretive rule, which classifies certain providers of buy now, pay later (BNPL ...
As BNPL proliferated, the Consumer Financial Protection Bureau (CFPB) and other regulators ... during the COVID-19 pandemic, the Buy Now, Pay Later (BNPL) market has experienced higher growth ...
The Financial Technology Association (FTA) this week spoke out against the Consumer Financial Protection Bureau’s (CFPB) ...
The Financial Technology Association is suing the CFPB over new rules applying credit card protections to the BNPL market.
As Amazon's Prime Day kicked off the holiday shopping season this week, U.S. consumers are expected to spend a record $18.5 ...
US Holiday Spending on Buy Now, Pay Later to Hit Record Due to Debt-Laden ... the spokesperson said. In May, the U.S. CFPB issued an interpretive rule applying new requirements for BNPL lenders.
You might be tempted to choose the 'buy now, pay later' option that's offered at checkout on many travel websites, including Carnival or Expedia. These point-of-sale loans are seductive to ...
Professor Preyas Desai says companies benefit from delayed payments and consumers may be underestimating their real costs ...