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As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
PYMNTS.com· 3 days agoThe Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the...
PPRO partners with US BNPL, Afterpay
Retail Banker International via Yahoo Finance· 1 day agoPPRO collaboration with Buy Now, Pay Later provider Afterpay will enable US, Europe, China and Hong Kong-based e-commerce merchants and payment service...
US consumer watchdog will apply credit card rules to buy now, pay later companies By Reuters
Investing.com· 3 days ago"Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled...
SCOTUS Upholds CFPB Funding: Are We One Step Closer to Tyranny? (Yep).
The National Law Review· 3 days agoDemocrats are scared of Trump and his fascist tendencies. The headline here is pretty mundane–...
Consumer Watchdog: Buy Now, Pay Later Apps Must Play by Same Rules as Credit Cards
Sourcing Journal via Yahoo Finance· 2 days agoThe Consumer Financial Protection Bureau this week issued an interpretive rule establishing BNPL...
Despite Consumer Watchdog's Supreme Court Win, CFPB Powers Still on Chopping Block
Insurance Journal· 5 days agoThe court on Thursday upheld the CFPB’s funding mechanism—drawing money annually from the Federal...
CFPB Wins at the Supreme Court | JD Supra
JD Supra· 5 days agoOn May 16, the United States Supreme Court, in a 7-2 ruling, held that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. As ...
Buy Now, Pay Later Needs Credit Card-Like Oversight, CFPB Says
Bloomberg· 3 days agoBuy now, pay later lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB...
Phantom Debt & BNPL: What New Regulations Mean For Pay Later Industry
Forbes· 1 day agoRecent data from the Federal Reserve Bank of New York reveals a troubling trend in credit card...
America’s Credit Unions: BNPL rule doesn’t go far enough - CUInsight
CUInsight.com· 19 hours agoThe Consumer Financial Protection Bureau’s rule governing Buy Now, Pay Later purchases does not go...