BNPL: Buy Now, Pay Later

Agenda

4:00pmA warm welcome from Helen
4:05pmFireside Chat with Iana Vidal, Director of Public Policy and Regulatory Affairs, UK & EU at Clearpay
4:20pmPanel Session
4:50pmShining the Light on Two
5:00pmA final word from Helen & Close
* All times are in BST / UTC+1. This is a provisional programme and subject to change.

In recent years, Buy Now, Pay Later (BNPL) has quickly become one of the hottest trends discussed by Open Finance experts. Almost 4 in 10 Brits have used a Buy Now Pay Later (BNPL) payment system, making it the fastest growing online payment method in the UK. This has generated an uptick in fintechs offering BNPL, as it provides more flexibility and the option to regulate spending activity.

At this months Campfire we’ll be looking at the Regulatory framework around BNPL and debating how the rise of BNPL services is linked to the fight against financial exclusion.

Why regulators believe rules are needed when talking about BNPL?
How can regulation affect the trajectory of these services?
Will the introduction of clearer rules drive even more consumers to use BNPL products?
How does BNPL services impact consumer behaviour, especially during a cost of living crisis?
Can affordability checks and credit scores help BNPL to become even more inclusive?

All meeting participants are reminded that this meeting must adhere to competition law rules and, as such, no confidential or commercially sensitive information should be shared directly or indirectly between competitors.

Helen Child, Founder & CEO, Open Banking Excellence