According to a recent Finance Magnates' article, regulations for any emerging industry become necessary when it captures a significant market, and there are risks to the consumers. Buy now, pay later (BNPL) checks all of these criteria, according to author, Arnab Shorne. SentiLink's Co-founder and CEO, Naftali Harris added his thoughts on BPNL and fraud in the article.
“With the increased expansion of BNPL-type experiences into more direct to consumer offerings (rather than facilitated through a merchant), we would expect to see their fraud teams tested in different ways,” said Naftali Harris, the Founder and CEO of SentiLink.
Read the full article and Nafatali's full commentary here: