Insights
CFPB and OCC Increase Focus on “Buy Now, Pay Later” (BNPL) Lending
Patomak Analysis Anika Horowitz, Brian Johnson, John Vivian Risk Management & Compliance, Strategy & AdvisoryOverview
Over the past two years, prominent lawmakers and bank regulatory agencies have increased public comments and clarified expectations over "buy now, pay later" (BNPL) lending. These pronouncements include two Consumer Financial Protection…