Governments Around the World Exploring BNPL Regulation
Governments Around the World Exploring BNPL Regulation Governments around the world have started considering regulations to apply many existing credit laws to the buy now, pay later (BNPL) market. Since the BNPL market began, it has been mostly free from government...
CFPB Releases Policy Statement on Abusive Acts or Practices
CFPB Releases Policy Statement on Abusive Acts or Practices Last week, the Consumer Financial Protection Bureau (CFPB) issued a policy statement reminding lenders of its prohibition against abusive acts and practices in the consumer financial market, which was created...
New Study Finds Most Savers Earning Below 3% Despite Better Options
New Study Finds Most Savers Earning Below 3% Despite Better Options A new Bankrate report found that only 22 percent of savers are earning at least 3 percent or more on their accounts, while 75 percent of online accounts offer an annual percentage yield (APY) higher...
