The Latest Breaking News from Afterpay

Buy-now-pay-later giants like Afterpay could be forced to obtain credit licenses and check whether their customers can afford loans.

The federal government is considering making changes to buy now pay later regulations as uptake of the services climbs in Australia.

A quarter of financial counsellors surveyed said at least half the women seeking help had been coerced into acquiring BNPL debts

Despite the latest inflation data showing a marginal slowdown, inflation is still hovering around an uncomfortably high level, and an end to Fed’s hawkish stance is nowhere in sight. With businesses being increasingly hurt by slowing down demand and rising borrowing costs, it could be wise to get rid of…

Financial counsellors say more and more people are turning to BNPL services for essentials such as food, petrol and bills

Square-parent Block reported third-quarter results that topped estimates. Shares jumped as other financial metrics also topped views.

Despite blockchain’s massive potential due to its decentralized nature and wide-ranging application, the macroeconomic headwinds have kept blockchain stocks under pressure along with other technology stocks. Furthermore, blockchain’s near-term prospects look bleak as cryptocurrency, its most popular use case, is witnessing significant declines amid regulation issues and increased skepticism. Hence,…

Big changes are ahead for Buy Now Pay Later

Use of BNPL services to cover essential bills raises concerns as Albanese government prepares to consult on regulating the sector

If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to “buy now, pay later” by breaking the cost into smaller installments over time

A growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments