Henry B. González Convention Center900 E Market St
San Antonio, TXJune 14 & 15, 2023
Blank Rome partner Scott D. Samlin will serve as a panelist at the American Bankers Association’s Risk and Compliance Conference, being held June 13 through 16, 2023, at the Henry B. González Convention Center in San Antonio, Texas.
SESSION INFORMATION
Buy Now Pay Later: Risks and Rewards
Wednesday, June 14 | 3:00–3:45 p.m.Thursday, June 15 | 10:45–11:30 a.m.
It’s a layaway installment program resurrected all over again. Or is it really? Buy now, pay later (“BNPL”) loans have exploded in recent years in the consumer market as free and easy to use credit. But with all the convenience, what are the true risks and opportunities for banks and others to get their piece of the pie? Recent Consumer Financial Protection Bureau reports and insights open a path for expansion with important cautions. This session will discuss the pros and cons of entering the BNPL market and ways to mitigate compliance risks.
Panelists:
- Moderator: Tanweer S. Ansari, Esq., Executive Vice President- Internal Counsel and Chief Compliance Officer, First National Bank Long Island
- Nessa Feddis, Senior Vice President and Senior Counsel, Regulatory Compliance and Policy, American Bankers Association
- Michael R. Guerrero, Partner, Ballard Spahr LLP
- Scott D. Samlin, Partner, Blank Rome