US consumer watchdog aims to regulate BNPL platforms

By

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

King & Wood Mallesons Australia to give Gen AI tool to 1200 lawyers

King & Wood Mallesons Australia to give Gen AI tool to 1200 lawyers

Transport for NSW expands SAP Ariba usage

Transport for NSW expands SAP Ariba usage

The University of Sydney revamps its contract management

The University of Sydney revamps its contract management

A catastrophic global cyber attack could happen in the next two years: World Economic Forum

A catastrophic global cyber attack could happen in the next two years: World Economic Forum

Log In

  |  Forgot your password?