In the News

The State of BNPL + What’s To Come [Roundtable Recap], PerformLine

March 30, 2022

Of counsel Eamonn Moran recently served as a panelist for PerformLine’s Buy Now, Pay Later (BNPL) industry roundtable that gathered industry leaders to discuss best practices for ensuring compliance and consumer protection in an evolving industry that has attracted increased regulatory attention.

Eamonn discussed the implications of the Consumer Financial Protection Bureau’s (CFPB) probe into the BNPL industry, opining that “given the speed at which the BNPL industry is evolving, the CFPB could move quickly on this, with the potential to see new regulations or guidelines put in place by this year.”

Eamonn also shared insights on the current direction of the CFPB under its new director, Rohit Chopra, and the increased interest of BNPL providers to standardize a process for reporting BNPL tradelines with credit bureaus to help consumers build credit.

Read the full PerformLine article >>