Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be…
LoadingSo, how does a brand like Cue, which dresses working women, prepare for a possible recession or drop in discretionary spending in 2023?Says Melanie: “We’ve been through recessions…
Afterpay has opened the door to conducting credit checks on some customers as it prepares for regulation of buy now pay later products (BNPL), but it argues that treating the sector the same…
Buy now, pay later (BNPL) player Afterpay is shutting down its Westpac-backed banking app less than a year after launching it, as its new US owner gets ready to introduce its own finance app…
In the earnings call, Block said Afterpay’s loan losses had improved slightly, though competition was intense, and it remained closely focused on managing the risk of bad debts in a…
“If you receive an SMS asking you to confirm your Humm account details by clicking a link, please treat it as suspicious.”It advised customers not to verify account details via SMS, and…
Eisen and Molnar took the top spot after they both exercised 1.5 million share options which gave them the right to buy those shares at just $1 when the actual share price of Afterpay was…
If you never get up to date, you’re not charged interest or any further late fees. Eventually, Afterpay ends its relationship with you and writes off the debt.The individual amounts people…
The largest players in Australia’s financial system, however, have been more cautious towards bitcoin and other cryptocurrencies.Commonwealth Bank is the only big local bank that wants to…