Fintech Insider Podcast by 11:FS cover image

708. News: Is Buy Now Pay Later regulation finally happening?

Fintech Insider Podcast by 11:FS

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I Think It's a Good Move to Bring More Confidence to Consumers

I think there have been quite a few developments recently from various firms around better reporting of customer information to the credit bureaus. And I think that move that the providers are making towards better, you know, protections of customers without the need for the regulation or sort of being proactive about it is a really positive thing. People obviously don't fully understand what credit means Credit versus debt versus borrowing versus alone. But that is very clearly disclosed everywhere now. The last step is to get some of the essentially regulatory or legislative protections in place, the section 75.

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