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Hot Topic Budget 25
Hot Topic Budget 25
Investment
2 mins to read

Anti-fraud focus a key factor for Laybuy

New recruit from HSBC credited with turnaround in fraud losses.

Laybuy chief risk officer Jamie Byles.

Tim Hunter Fri, 29 Jul 2022

Buy-now, pay-later company Laybuy is crediting its new chief risk officer Jamie Byles for a significant reduction in fraud losses in the three months to June as it switches its focus to sustainable growth.

Fraud was a major factor in Laybuy’s $51.6 million loss for the year to March, causing a

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Tim Hunter Fri, 29 Jul 2022
Contact the Writer: thunter@nbr.co.nz
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Anti-fraud focus a key factor for Laybuy
Investment,
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