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OCC Issues Policy Guidance on Buy Now, Pay Later Lending

Global Fintech & Digital Assets

The safety and soundness of the overall financial system, coupled with the mitigation of adverse customer outcomes, remain the OCC’s top priorities generally, and in the BNPL lending market specifically.

OCC 59
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An Overview of Payment Regulation In The USA

Clearly Payments

Moreover, by establishing rules for payment networks and financial institutions, regulation mitigates systemic risks and fosters fair competition, thereby enhancing market efficiency.