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CFPB Classifies Buy Now Pay Later Products as Credit Cards

CFPB determined that lenders issuing digital user accounts to access BNPL products are card issuers under Regulation Z because such accounts are credit cards.

Consumer financial protection bureauFinancial technology associationGo to guideBuy nowPay laterAdministrative procedure actInterpretive ruleFollows yearsMarket trendsConsumer impactsMaking ends meetConsumer response annual reportTrends reportGross merchandise volumeEnd creditTechnology association president

CFPB issues interpretive rule likening BNPL accounts to credit cards under Regulation Z | Orrick, Herrington & Sutcliffe LLP

CFPB issues interpretive rule likening BNPL accounts to credit cards under Regulation Z | Orrick, Herrington & Sutcliffe LLP
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10 Fictional Films within Actual Films That Deserve to Be Real

Films that feature snippets of fictional films within their in-world narrative aren't exactly rare, but not all of these fake films are intriguing enough

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Stormzy set to headline Boardmasters 2024

Stormzy will be among the big-name stars at the Boardmasters festival in 2024.

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Chase & Status to perform in Milton Keynes next summer

A popular electrical music group will perform in Milton Keynes next summer.

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