BNPL

Klarna Credit Card to Roll Out in US Within Months
Klarna Credit Card to Roll Out in US Within Months
April 17, 2024  |  Payment Methods

Klarna has opened its waitlist for the new Klarna Card to all U.S. consumers and said the credit card will roll out over the next few months....

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What Generation Z Wants From Their Bank
What Generation Z Wants From Their Bank
April 15, 2024  |  Banking

There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation...

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CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024  |  CFPB

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments...

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Store Card Revenue Under Pressure From Late Fee Change, BNPL
Store Card Revenue Under Pressure From Late Fee Change, BNPL
April 10, 2024  |  Credit Cards

Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses...

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Klarna Boosts Profits With ChatGPT as BNPL Firms Tap AI
Klarna Boosts Profits With ChatGPT as BNPL Firms Tap AI
April 08, 2024  |  Buy Now Pay Later

Klarna is seeing generative artificial intelligence improve its margins, as buy now, pay later (BNPL) firms turn to new digital capabilities to address their profitability challenges....

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Revolving Credit Surge Hints at Split Payments’ Continued Appeal
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
April 08, 2024  |  Alternative Credit

Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued...

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Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
April 05, 2024  |  Buy Now Pay Later

With consumers forced to make budgeting decisions amid ongoing economic challenges, older millennials and younger Generation X consumers are seeing buy now, pay later (BNPL)...

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Klarna Late Fees Spark Uptick in On-Time Payments
Klarna Late Fees Spark Uptick in On-Time Payments
April 04, 2024  |  Buy Now Pay Later

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. The share of accounts in the United Kingdom using the Swedish company’s...

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Price-Conscious Consumers Open Door for POS Financing Options
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024  |  Consumer Finance

As inflation persists, so does sticker shock. For merchants seeking to close the sale, financing offered at the point of sale — before the purchase...

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