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Shoppers using buy now, pay later (BNPL) face stricter affordability checks under new rules coming into force next July, the financial regulator said. Lenders will have to check that people can afford ...
Buy now pay later providers Klarna and Afterpay are set to face tougher rules by the Financial Conduct Authority (FCA) next year after much to-ing and fro-ing between fast-growing firms and regulators ...
New buy now, pay later rules will give shoppers ‘better protection’, regulator says - Lenders are urged to enforce stronger checks on buy now, pay later affordability ...
Buy-now-pay-later providers will finally be regulated in the UK beginning next year, the Financial Conduct Authority said on ...
Borrowers will have more transparency over their loans and be able to complain to the ombudsman if something goes wrong, ...
StepChange Debt Charity has suggested some ways that borrowers can manage BNPL products ahead of changes next year.
Public expectations of compensation over motor finance mis-selling are running “very high”, according to research published ...
With the summer holidays underway, many parents are already eyeing the cost of September’s school uniforms. Rising prices ...
Buy now, pay later providers will have to check that people can afford to repay their loans and offer support if they get ...
Two individuals have been arrested on suspicion of money laundering and running an illegal cryptoasset exchange.
The FCA has been registering crypto companies to operate in the country and comply with money laundering rules since 2021. So far 55 companies have managed to land on the FCA's crypto register.
Financial fraud concerns motivate a $14 million investment by Barclay's, blocked websites in the UK, calls for Caribbean ...
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