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BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
PYMNTS.com· 26 minutes agoThe buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer...
CFPB takes on BNPL
The Hill· 1 day agoThe CFPB says the move will bring “consistency” to the market. “Buy now, pay later” programs, also known as BNPL, allow consumers to pay for products in...
Buy Now, Pay Later Plans Must Follow Credit Card Rules, Says CFPB
CNET· 20 hours agoAll your buy now pay later plans might soon be treated as credit card purchases -- at least as it...
CFPB Announces Extensions to Section 1071 Compliance Deadlines | JD Supra
JD Supra· 1 day agoOn May 17, 2024, the Consumer Financial Protection Bureau (CFPB) announced its intention to extend the deadlines for compliance with Section 1071 of...
CFPB tightens rules for buy now, pay later lenders
FOX Business· 2 days agoThe Consumer Financial Protection Bureau (CFPB) announced Wednesday it will impose some of the same rules on buy now, pay later (BNPL) lenders that apply...
‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 24 hours agoIt has been quite a week for the CFPB. On 16 May, it enjoyed a 7-2 win the Supreme Court in the key...
CFPB Updates Rules For BNPL Providers, Creates Same Protections For Consumers As Credit Cards |...
Crowdfund Insider· 18 hours agoYesterday, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule impacting buy now pay later (BNPL) providers. BNPL providers have emerged as a popular ...
Buy now, pay later services have to act more like credit card providers now
The Verge· 14 hours agoBuy now, pay later services — or BNPL for short — are now beholden to some of the same rules as...
CFPB issues rule to classify BNPL as credit cards - CUInsight
CUInsight.com· 19 hours agoThe CFPB Wednesday announced an interpretive rule to apply some, but not all, of the consumer...
CFPB sues SoLo Funds, alleging it concealed costs from borrowers
Banking Dive via Yahoo Finance· 2 days agoThe fintech's tip structure inflates the APR on loans, but most loans aren't funded unless a tip is...