On the eve of the COVID-19 pandemic, large banks were jolted by the sudden rise of a new credit alternative. That 2019, buy now, pay...
Revolve Group, a fashion retailer for millennial and Generation Z consumers, now offers Affirm’s flexible payment options to shoppers in Canada and the United Kingdom....
Mastercard and LoanPro plan to launch a program that will enable lenders to deliver installment loans through virtual and physical cards. The Loan on Card...
Watch more: Need to Know: Thredd’s Jim McCarthy There’s new urgency for banks to innovate as consumers embrace flexible repayment options and new digital channels....
Sweden-based flexible payments provider Klarna has extended its relationship with Apple to two new countries. The company’s pay-later products are now available for consumers checking out on Apple Pay...
Consumers are reshaping how they use credit, and PYMNTS Intelligence data shows that installment plans are becoming a central tool for managing cash flow in...
Socure acquired Qlarifi to establish what it called “the industry’s first unified identity, anti-fraud and BNPL credit infrastructure.” The combination brings together Socure’s artificial intelligence-first...
Digital bank and payments firm Klarna is expanding its new membership plan to the U.S. The Sweden-based company introduced its Premium and Max plans in Europe and...