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KUALA LUMPUR, June 21 — The rapid growth of “buy now, pay later” (BNPL) schemes here has moved Bank Negara Malaysia to directly regulate the industry, with proposed laws to increase consumer protection against the risks of unfettered borrowing. Over the past year alone, BNPL transactions have also nearly doubled, going from just around 17 […]
British consumers increased their borrowing in May by the most in four months after a dip in April, Bank of England data showed on Monday, adding to...
Research from online payments processor Stripe found that providing BNPL increases the average size and total number of sales.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has updated the Financial Consumer Alert (FCA) List to include six new entities that are neither authorised...
The Bank of England keeps borrowing costs unchanged, but hints it could cut rates later in the summer.
Superbalist, a retail e-commerce site, has partnered with PayJustNow, a provider of buy now, pay later (BNPL) services, to extend its payment choices....
House Republicans expressed frustration that the Consumer Financial Protection Bureau decided to treat buy now, pay later loans like credit cards,...
Fintech firm Fliqa, which already has two products on the market, has been named Slovenian Startup of the Year, an accolade awarded by peers from the...
The Minority in Parliament has voiced strong opposition against a proposed Legislative Instrument (LI) aimed at regulating cement pricing in Ghana.
…interest rate moved from US$8M to US$15.2M in 3 years Kaieteur News – Over the past 47 years, the Inter-American Development Bank (IDB)...