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    • CFPB Issues “Interpretive Rule” Deeming BNPL Providers Card Issuers | JD Supra

      JD Supra· 15 hours ago

      ...s multi-year study of the BNPL industry is what the CFPB calls an interpretive rule in which it finds that: (1) “digital user accounts” (each a “DUA”) that may be used to access credit are “credit cards” under Regulation Z; (2) the lenders that issue such accounts are “card issuers;” and (3) that...