The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users — but new rules aren’t likely to be in place until mid-2023. Get the Full Story Complete the form to unlock...
Klarna will be looking into raising more funds at a significantly lower value than it got last year, which shows how dire the environment is right now for tech funds, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer Reporting Companies (NCRCs) may need to work more closely together to standardize BNPL payment data to ensure adequate credit reports. ...
The buy now, pay later (BNPL) space is relatively young. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Affirm has an edge over competitors in the buy now, pay later space (BNPL), and its data analysis approach is key to the company’s successful underwriting process, CFO Michael Linford said in an online fireside chat. Get the Full Story Complete the form to unlock...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Rare Carat’s Apeksha Kothari explains how transparent BNPL options are helping merchants gain and retain new and repeat customers for the long haul in PYMNTS' "Buy Now, Pay Later Tracker."
With buy now, pay later (BNPL) expected to become a $3 trillion business by 2030, payments giant Visa is looking for ways to help banks and other financial institutions (FIs) make the most of a lucrative opportunity. Get the Full Story Complete the form to...
The EU Council, one of the legislative bodies of the European Union, agreed on Thursday (June 9) on the revision of the consumer credit directive (CDD), paving the way for the interinstitutional negotiations that may start by the end of June. Get the Full Story...
