Buy now,pay later users more likely to double up on risky ‘pay advance’ products
Analysis
Analysis

Buy now,pay later users more likely to double up on risky ‘pay advance’ products

Those who use buy now,pay later apps are much more likely to also use advance-pay apps,making them more susceptible to falling into financial difficulties.

  • byJohn Collett

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Afterpay flags potential credit checks as regulation looms

Afterpay flags potential credit checks as regulation looms

Afterpay has opened the door to conducting credit checks on some customers as it prepares for regulation of buy now pay later products.

  • byClancy Yeates
Zip says it can weather US recession as it moves closer to profits

Zip says it can weather US recession as it moves closer to profits

Zip Co co-founder Peter Gray has talked up the fintech’s resilience,even as the market worries about how quickly the embattled fintech is burning through cash.

  • byClancy Yeates
Limit strictest rules to credit products over $5000,Zip says
Exclusive
Zip Co

Limit strictest rules to credit products over $5000,Zip says

Zip co-founder Peter Gray warned against bringing the entire BNPL sector under the same regulatory framework as big-ticket personal debt products such as credit cards or mortgages.

  • bySimone Fox Koob
‘Very legal loopholes’:Consumer groups seek tighter buy now,pay later curbs

‘Very legal loopholes’:Consumer groups seek tighter buy now,pay later curbs

As a cost of living crisis continues to bite,Australia’s largest consumer advocacy groups,charities and legal centres want the federal government to nip the next wave of credit products in the bud.

  • bySimone Fox Koob
The BNPL party is over and regulations are the least of its problems
Opinion
Regulation

The BNPL party is over and regulations are the least of its problems

Having exploited the regulatory blind spots and ultra-low interest rates to the hilt,the buy now,pay later sector now faces a grim reality check.

  • byElizabeth Knight
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Oversight coming for booming buy now pay later industry

Oversight coming for booming buy now pay later industry

As the number of Australian BNPL accounts has grown beyond 7 million,the government has unveiled three options for tighter regulation of the industry.

  • byRachel Clun
Buy now pay later regulation shake up to help protect users
Analysis
Regulation

Buy now pay later regulation shake up to help protect users

The “buy now pay later” sector will be regulated under credit laws,which will enhance consumer protections.

  • byJohn Collett
Help! Zip Pay won’t ‘pay’ me my own money
Opinion
Zip Co

Help! Zip Pay won’t ‘pay’ me my own money

There’s an issue with the level of difficulty resolving a problem with the digital service,a significant,global player in the fintech space.

  • byNicole Pedersen-McKinnon
Afterpay to shut Westpac-backed banking app

Afterpay to shut Westpac-backed banking app

Buy now,pay later player’s youth-focused app - Money by Afterpay - is being shuttered less than a year after its launch.

  • byClancy Yeates
Zip Co books billion-dollar loss as buy now,pay later loses its fizz

Zip Co books billion-dollar loss as buy now,pay later loses its fizz

Zip Co has vowed to further reduce burning cash on its overseas operations,as the company shutters its operations in the UK.

  • byClancy Yeates