Arad Levertov

CEO and Co-Founder, Sunbit

Arad Levertov is the CEO and co-founder of Sunbit, which offers BNPL services for in-person transactions as well as a branded credit card.

Regulation and compliance

Resistance to the CFPB's late fee rule exposes banks' bigger problems

Banks, especially big ones, have become too dependent on hidden-fee income. As the consumer credit market evolves toward greater transparency, the CFPB's rules will be the least of their problems.

By Arad Levertov

March 26