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Its been called 'Kiting' forever and has been banned by most credit providers 'forever'....  I guess the BNPL guys slipped under Chase's radar for a while....  Sounds like they closed a loophole

It will be new and emerging lenders  who are the primary targets for these criminals.  Existing lenders offering new products will also be targeted as will more established products but probably in this order based on my experience.   I believe the USA will be the happiest hunting ground for these avatars, and it will take the large data model owners to sniff them out.  Interestingly, the owners (private or corporate) of these rental properties may be able to become part of the solution if they are able to spot postal evidence of false claims of residency at their owned rental locations. 

np :-)