City watchdog publishes details of its plans to regulate the BNPL market, which has now grown to £13bn...

City watchdog publishes details of its plans to regulate the BNPL market, which has now grown to £13bn

U.S. regulators want to learn more about how buy now, pay later loans may affect borrowers’ finances and housing market stability.

Long-promised regulation of the sector will come into force next July, but lenders will have some flexibility.

If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to offer their payment services...

If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to offer their payment services...

The rules will give consumers more transparency over what this type of borrowing involves.

KUALA LUMPUR: The Higher Education Ministry is working to determine how many students have been affected and burdened by ‘Buy Now, Pay Later’...