On September 23, 2022, Green Sheet featured the Electronic Transactions Association's (ETA) annual Fintech Policy Forum, held at Venable’s Washington, DC office. The event brought together ETA member company executives and policymakers, including Consumer Financial Protection Bureau (CFPB) director Rohit Chopra, to discuss how developing technologies and public policy can work together to help consumers, businesses, and the economy.
Ellen Berge, a partner in Venable’s Advertising Group, moderated the “Buy Now Pay Later” (BNPL) panel. According to the article, the discussion highlighted BNPL provider efforts to provide transparent disclosures and protect consumers from becoming financially overextended. The conversation also brought to light that merchants pay 90 percent of BNPL revenues.
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