Afterpay has already moved to strengthen its kyc, having engaged...

Afterpay has already moved to strengthen its kyc, having engaged Illion.

The underage minor did not sign for the alcohol (the control) and in any case the license to sell alcohol is held by the vendor, not by the payment providor.

Ownership Matters, the governance firm, has never declared its interest behind its investigation - i.e. who were they representing? They act on behalf of institutions (their business model). Another blatant attempt to downramp - however I'm not complaining as I got on board and topped up at $5.35. My latest tranche is already up 60%.

Comparison between sub prime and afterpay:
1) SPL - no recourse to the borrower, no credit assessment (no job, no income, no assets), honeymoon interest rates to lure borrowers in, and large amounts of credit.

2) APT- recourse, behavioural scoring determines spending limit, credit is non revolving (forced to pay off quickly), no interest, small credit amounts, miss one payment by one day all facilities are suspended...

I could go on but you get my drift. Dont let the facts get in the way of a good story.