US consumer watchdog aims to regulate BNPL platforms

By
Follow google news

BNPL platforms to be aligned with credit card companies.

US consumer watchdog aims to regulate BNPL platforms
The US Consumer Financial Protection Bureau (CFPB) plans to start regulating "buy-now, pay-later" (BNPL) companies like Klarna and Affirm Holdings due to worries their fast-growing financing products are harming consumers, the agency said on Thursday. BNPL platforms in Australia have slowly ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

GIO deploys 'Postie Pat' to streamline offshore claims routing

GIO deploys 'Postie Pat' to streamline offshore claims routing

David Jones invites all parts of its business to embrace data

David Jones invites all parts of its business to embrace data

ANZ continues work on data "one-stop-shop" for its Risk function

ANZ continues work on data "one-stop-shop" for its Risk function

Chemist Warehouse builds data maturity to underpin AI goals

Chemist Warehouse builds data maturity to underpin AI goals

Log In

  |  Forgot your password?