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I think "friendly" fraud is a big unaddressed problem here.  Whereby two people collude , money is sent, the sended complains and gets "automatically" compensated and the two parties split the money.  The bar for what a genuine fraud is will be incredibly high.

Great appointment.

BNPL in many markets is going to be regulated in an increasingly aggresive manner.   A photograph of a pay slip is a suicidal way to asses a credit risk.  The US is already reporting on surveys seing 30% of people missing payments.  Open Banking can clearly assist here by giving a lender a much clearer picture of the likelyhood they will get their money back and not letting people sleepwalk into debt they shouldnt take.