BNPL

Klarna CEO: AI Helped Drive 40% Reduction in Staff

Klarna CEO: AI Helped Drive 40% Reduction in Staff
Klarna CEO: AI Helped Drive 40% Reduction in Staff
May 15, 2025  |  Artificial Intelligence

Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. Get the Full Story Complete the form to unlock this article...

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40% of Subprime Borrowers Have Applied for BNPL
40% of Subprime Borrowers Have Applied for BNPL
May 14, 2025  |  BNPL

Despite significant systemic barriers, consumers classified as subprime remain active participants in the credit market, seeking both traditional products and alternative options to manage finances...

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US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
US BNPL Transactions Hit $175 Billion Amid Shifting Consumer Demands
May 13, 2025  |  BNPL

The traditional pillars of consumer credit are undergoing a profound transformation as “pay later” options, once a niche for specific shoppers, are now redefining how...

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NY State Budget Provides ‘Supervisory Framework’ for BNPL
NY State Budget Provides ‘Supervisory Framework’ for BNPL
May 12, 2025  |  BNPL

New York state introduced legislation to provide oversight to the pay later sector. Get the Full Story Complete the form to unlock this article and...

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Affirm Card GMV Jumps 115%, Says It Can Weather ‘Recession Scenario’
Affirm Card GMV Jumps 115%, Says It Can Weather ‘Recession Scenario’
May 08, 2025  |  BNPL

In its fiscal third quarter, Affirm’s gross merchandise value jumped double digits, all but one spending category showed gains, underscoring the appeal of paying over...

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Affirm, Costco Launch BNPL Partnership for eCommerce
Affirm, Costco Launch BNPL Partnership for eCommerce
May 08, 2025  |  BNPL

Affirm is partnering with Costco to offer online shoppers the option to pay over time for transactions. Get the Full Story Complete the form to...

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Klarna Focuses on Human-Powered Customer Service
Klarna Focuses on Human-Powered Customer Service
May 08, 2025  |  BNPL

Pay-later firm Klarna is reportedly rethinking some of its AI-centered cost-cutting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
May 07, 2025  |  Earnings

Marqeta’s first quarter results surged across several metrics as new and existing card issuance programs grew on a global stage across debit and credit channels,...

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