PYMNTS-MonitorEdge-May-2024

Regulation Z

BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
October 21, 2024  |  Buy Now Pay Later

The suit filed last week seeking to stop a new rule from the Consumer Financial Protection Bureau (CFPB) governing buy now, pay later (BNPL) loans...

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CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
September 20, 2024  |  BNPL

Perhaps the most frequently asked question that will come in the wake of the Consumer Financial Protection Bureau’s (CFPB’s) publication of a “frequently asked questions”...

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BNPL Regulation Debate Heats Up as Comment Period Closes
BNPL Regulation Debate Heats Up as Comment Period Closes
July 31, 2024  |  Buy Now Pay Later

Klarna argues for a bespoke regulatory framework, while AARP supports the rule, emphasizing the need for consumer protections as buy now, pay later (BNPL) usage...

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CFPB Tweaks Proposed Prepaid Payroll Card Rules
CFPB Tweaks Proposed Prepaid Payroll Card Rules
July 14, 2017  |  B2B Payments

As a few individual states in the U.S. examine payroll and debit card rules, the Consumer Financial Protection Bureau also has this product on its...

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