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Afterpay, Klarna, Affirm Probed by Federal Regulators

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

“Buy now, pay later” may be one of the hottest consumer spending trends right now, with Cornerstone Advisors calculating that BNPL purchases have quadrupled to $99.4 billion this year, up from $23.9 billion in 2020. But the popular payment trend is now in the crosshairs of federal regulators concerned about how quickly shoppers can accumulate…

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