New York Proposes Comprehensive BNPL Rule: What BNPL Providers Need to Know
12 minute read | March.05.2026
Lauren Frank
Counsel
Santa Monica
Lauren is a trusted counselor to financial services companies navigating the increasingly complex regulatory framework governing consumer and commercial finance products. She advises clients on licensing, disclosure, and compliance matters, helping them structure products, expand into new markets, and address regulatory challenges with practical, business-focused solutions. Whether guiding clients through day-to-day compliance questions or high-stakes strategic initiatives, Lauren is valued for her ability to distill complex regulatory regimes into clear, actionable advice.
Lauren is a trusted counselor to financial services companies navigating the increasingly complex regulatory framework governing consumer and commercial finance products. She advises clients on licensing, disclosure, and compliance matters, helping them structure products, expand into new markets, and address regulatory challenges with practical, business-focused solutions. Whether guiding clients through day-to-day compliance questions or high-stakes strategic initiatives, Lauren is valued for her ability to distill complex regulatory regimes into clear, actionable advice.
Lauren's practice spans the full spectrum of the financial services industry. She represents large and small banks; consumer and commercial lenders and lessors; providers of small business financing products, including factoring companies and merchant cash advance providers; debt collectors; student lenders; auto finance companies; and installment sales finance providers. She also advises acquirers of financial services companies on regulatory due diligence, licensing considerations, and post-acquisition compliance, helping them identify and manage regulatory risk in complex transactions.
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Her recent work includes:
- Advising commercial financing clients on implementation of new commercial financing disclosure requirements enacted in California, New York, Utah, and Virginia
- Reviewing and revising consumer loans, student loans, installment sales contracts, and rental purchase agreements for compliance with state law
- Responding to state and federal regulatory complaints, exams, and investigations and helping negotiate resolutions and settlements with such state and federal regulatory entities
- Conducting regulatory due diligence in connection with the acquisition of a 50-state debt collection agency
