On The Air

With Luis Alvarez

How Does Buy Now Pay Later Work?

How Does Buy Now Pay Later Work?

Layaway may seem like a throwback, but the concept is making a comeback with Buy Now Pay Later (BPNL). Also referred to as point-of-sale installment loans, BNPL arrangements are becoming an increasingly popular payment option, especially when shopping online.

FTC Expands Cybersecurity Rules for Financial Institutions

FTC Expands Cybersecurity Rules for Financial Institutions

The Federal Trade Commission (FTC) recently announced a newly updated Safeguards Rule (referred to as the Final Rule) that strengthens the data security safeguards that financial institutions must put in place to protect their customers’ financial information.