Discussions regarding regulating Buy Now Pay Later (BNPL) products continue with proponents on both sides of the issue. On the one hand, BNPL is unregulated in the UK unlike credit cards and loans which are supervised by the Financial Conduct Authority. Some fear it poses potential harm to consumers who can’t or don’t make payments. Others fear regulation could hamper innovation in this increasingly popular sector. Consumers also need easy access to credit during challenging economic times. In this Financial World Magazine feature, Corinne Lleti, Director General, Southern Europe for Provenir, weighs in on the role of open banking data, AI and machine learning and how better use of technology allows the expansion of credit without expanding risk