12/08/2023

OCC warns banks on BNPL lending

Acting Comptroller Hsu says: “As the buy-now-pay-later market grows and we enter the holiday shopping season, the guidance confirms our expectation that OCC-supervised institutions offering these products do so in a responsible manner.”

12/05/2023

UK MPs urge caution on creation of digital pound

It also registered concerns regarding estimates that a steady switching of some bank deposits into retail digital pounds could increase the interest rates on bank loans by 0.8 percentage points or more.