Posts Tagged ‘consumer protections’
US Treasury says regulators need to “robustly supervise” bank-fintech relationships
The Treasury makes the recommendation in a new report, ‘Assessing Impacts of New Entrant Non-bank Firms on Competition in Consumer Finance Markets’.
Read MoreRegulation risks smothering BNPL market
Upcoming UK regulation governing BNPL providers will help silence critics but must be carefully calibrated so as not to stifle the expanding market.
Read MoreBarclays calls for more robust regulation of BNPL products
Barclays calls for more stringent regulation of BNPL products following the release of new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.
Read More