Credit unions tend to evoke images of simple, brick-and-mortar institutions, where friendly employees who know you by name make up for the lack of financial...
Buy now, pay later (BNPL) giant Klarna says it now has 100 million active customers. The Swedish FinTech revealed that milestone Monday (May 19) as it released...
The British government is preparing to introduce new regulations for pay later companies. As the Financial Times reported, the legislation, set to be introduced Monday...
Klarna’s CEO is reportedly attributing a 40% reduction in staff to the company’s AI investments. Sebastian Siemiatkowski told CNBC on Wednesday (May 14) that artificial intelligence (AI) was...
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...
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...
New York state introduced legislation to provide oversight to the pay later sector. The legislation, part of Gov. Kathy Hochul’s new budget, is one of...
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...