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You can understand he banks position here. It has assessed the credit risk of an individual and BNPL add another layer of risk. There is however a simple solution for customers. Just use a different credit card?

This was a 1 horse race. Germany was the right choice

The Bank of England is correct. Recent fraud from the bank and accounting irregularities show weekness in controls and leadership. Similarlry the SMC is sketchy??

How is it possible to lose $477M of revenue and your auditor says sorry couldn't find it...What is the point of an auditor if this is possible?? Or have I missed the something??

Agreed, unless said user doesn't have their own card?

It is right that the AG takes this action. We cannot let these foxes into the hen house and then let them say...

I have spent some hours on this and it would appear it is closed and has been for some time. Given the speed of movement in the CBDC arena, I would suggest they re-open. Best Regards, Ray 

As Jeremy, want to register my interest in the CBDC opprotunity with the Bank of England. I cannot find a way to do this despite the kind link that was sent. This is driving me crazy. Please let me know how to show interest. Ray

This is long overdue butnonetheless a welcome step forward. Social media platforms need to respect their users and not adopt a Caveat Emptor approach. 

Melvin is correct. Whilst the money should be in safeguarded funds there is no protection against mal-administration or Fraud. Therefore they are not 100% protected as is the case with the FSCS (albeit with a cap). This is exaclty the point the FSCS is making. So the result is not the same. If a bank goes bust the FSCS pays out, if an EMI goes bust and the funds that should have been there are not, you lose out.