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US consumer watchdog aims to regulate BNPL platforms

By Hannah Lang

Sep 16 2022 8:19AM

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 ...

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