CFPB Announces Intention to Regulate BNPL Following Release of Consumer Impact Report
Retail TouchPoints
SEPTEMBER 17, 2022
The organization noted that BNPL providers are already subject to some federal and state oversight, and that it has “authority to supervise any non-depository covered persons, such as a BNPL provider, in certain circumstances.”. The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products.
Let's personalize your content