BNPL regulation is urgently needed. But not all providers are the same.

The Consumer Financial Protection Bureau must take into account the differences among buy now/pay later lenders. Some — including traditional banks — are more committed to offering responsible financing without late fees or hidden costs.

Read the full article at: www.americanbanker.com

  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.