BNPL Regulation is Coming: What It Means for FinTech & Consumers

The UK government has announced new rules to regulate the Buy Now, Pay Later (BNPL) sector, ending what it calls the “Wild West” of unregulated lending. Key takeaways: 🔹 Affordability checks will be mandatory to protect consumers from unsustainable debt. 🔹 Lenders must be FCA-approved, ensuring fair treatment and transparency. 🔹 BNPL ads must be clear & balanced, avoiding…

The Kalifa Review

An independent strategic review of UK financial technology (FinTech) has been published in line with the emerging prominence of this sector and the UK’s highly regarded fintech reputation. Also known as ‘The Kalifa Review’, its purpose is to aid the adoption and growth of Fintech in the UK. The review illustrates a strategy and delivery…