RBC Capital Reiterates Sector Perform Rating on Affirm Holdings Inc. (AFRM)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rebounds, but yield surge sets stage for weekly losses
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
- SpaceX shares fall as second lockup period ends
CFPB Rule On BNPL Likely To Yield Manageable Process and Cost Changes, Says Analyst
May 22, 2024 11:21 AM EDTCost to Block (NYSE: SQ) and PayPal (NASDAQ: PYPL) from the CFPB rule interpretation are likely to me minimal, said analysts at TD Cowen.
Analyst Bryan Bergin explained, "The CFPB today issued an interpretive rule that would classify BNPL products as credit... More
US consumer watchdog will apply credit card rules to buy now, pay later companies
May 22, 2024 7:01 AM EDTBy Hannah Lang
(Reuters) -The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday, in a bid to impose more oversight on the fast-growing sector.
BNPL providers such as Affirm, Klarna and Afterpay partner with retailers to finance customer purchases, which shoppers repay in installments. The sector has become a major source of credit, but lacks a federal oversight framework.
Under an interpretive rule issued by the CFPB on Wednesday, BNPL lenders will be required to investigate customer disputes,... More
