Barclays calls for more robust regulation of BNPL products

British bank Barclays is calling for more stringent regulation of all buy-now-pay-later (BNPL) products following the release of new research which suggests the lack of consistent affordability assessments among short-term interest-free credit providers has led shoppers to take on more debt than they can afford to repay.

How Open Banking Can Make Your Life Easier

Open Banking is a regulation designed to put you in control of your own transaction data. It requires banks to let you share your data with other banks and third parties so they can help you manage your accounts.