The FDIC, Consumer Financial Protection Bureau and AARP will hold a virtual town hall on scams and older adults on Wednesday, Oct. 30, at 1 p.m. ET. The event will feature examples of elder financial exploitation, data on financial fraud and advice on preventing scams and financial exploitation.
CFPB releases FAQ on regulation of buy now, pay later products
The CFPB released an FAQ about applying Truth in Lending regulation to buy now, pay later products, such as how to apply credit card periodic statement requirements to pay-in-four BNPL products that are accessed by digital user accounts.