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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  |  Buy Now Pay Later

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...

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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  |  Buy Now Pay Later

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  |  Buy Now Pay Later

Affirm is partnering with Costco to offer online shoppers the option to pay over time for transactions. The financial services company announced the collaboration Thursday...

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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. Now, CEO Sebastian Siemiatkowski told Bloomberg News in an interview posted Thursday (May 8), the Swedish startup is undertaking a...

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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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Sezzle CEO Touts New Product Momentum and Enterprise Focus; Raises 2025 Guidance
Sezzle CEO Touts New Product Momentum and Enterprise Focus; Raises 2025 Guidance
May 07, 2025  |  Buy Now Pay Later

Fresh off Tuesday’s announcement that the Consumer Financial Protection Bureau (CFPB) would not treat buy now, pay later (BNPL) companies like credit card networks, Sezzle’s...

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Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
May 06, 2025  |  Buy Now Pay Later

The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a...

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Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
May 02, 2025  |  Consumer Insights

Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. As PYMNTS noted in its...

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