alternative credit

TransUnion Launches BNPL Credit Tool
TransUnion Launches BNPL Credit Tool
February 24, 2022  |  BNPL

In what it described as a move to promote financial inclusion for 100 million buy now, pay later (BNPL) users, TransUnion has launched a new...

READ MORE >
BNPL Firm Klarna Brings ‘Klarna Card’ to US
BNPL Firm Klarna Brings ‘Klarna Card’ to US
February 17, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) banking platform Klarna is bringing its physical card to the U.S., three weeks after a U.K. rollout drew close to...

READ MORE >
FinTech PayU Rolls out Credit Payments in Romania
FinTech PayU Rolls out Credit Payments in Romania
February 15, 2022  |  eCommerce

Online payments solutions provider PayU on Tuesday (Feb. 15) debuted two credit solutions for Romanian shoppers, according to a company announcement. Bucharest-based online retailer eMAG...

READ MORE >
Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
February 11, 2022  |  Buy Now Pay Later

Banks are getting ready to embrace buy now, pay later (BNPL) — likely in a major way. The urgency is there, as more than 40%...

READ MORE >
Small Businesses Need Credit, Lenders Need a Better Way to Assess That Risk
Small Businesses Need Credit, Lenders Need a Better Way to Assess That Risk
February 11, 2022  |  SMBs

Traditional credit scores — for decades, the prime metric to be granted or denied financing — is a bit of a relic, and in the...

READ MORE >
Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
February 10, 2022  |  Legal

Elevate Credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C for loans...

READ MORE >
Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
February 03, 2022  |  Gig Economy

For a very large population of customers in the United Kingdom who are ‘credit invisible’ — meaning they have little or no credit history with...

READ MORE >
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
The BNPL Innovation That Pure Plays Unlocked and Banks Are Missing
January 31, 2022  |  BNPL

When general-purpose credit cards were introduced in the late 50s and early 60s, they were advertised as a way for consumers to buy something they...

READ MORE >
Experian Launches World’s First BNPL Bureau
Experian Launches World’s First BNPL Bureau
January 27, 2022  |  BNPL

Experian is launching The Buy Now Pay Later Bureau this spring, which the Irish credit data company calls a “first-of-its kind” operation designed to protect...

READ MORE >