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BNPL Provider Zip Plans Fee Hikes to Offset Inflation, Interest Rates
BNPL Provider Zip Plans Fee Hikes to Offset Inflation, Interest Rates
June 22, 2022  |  Buy Now Pay Later

Australian buy now, pay later (BNPL) company Zip is planning merchant and consumer fee hikes to help it ride out a tough market environment of...

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What’s Next in BNPL: Zopa CEO Says Longer Terms, Larger Loans
What’s Next in BNPL: Zopa CEO Says Longer Terms, Larger Loans
June 22, 2022  |  Buy Now Pay Later

Following an explosion of buy now, pay later (BNPL) use in the past few years, transaction volumes are expected to hit $680 billion worldwide by...

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Saudi Arabian Home Appliance Maker Shaker Eyes 40% Stake in BNPL Firm Cashew Payments
Saudi Arabian Home Appliance Maker Shaker Eyes 40% Stake in BNPL Firm Cashew Payments
June 21, 2022  |  Investments

Al Hassan Ghazi Ibrahim Shaker Company, based in Saudi Arabia, has agreed to acquire a 40% stake in buy now, pay later (BNPL) firm Cashew...

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Today in TechREG: UK Regulator to Review Credit Card Fees; TikTok Steps up Consumer Protections to Settle EU Dispute
Today in TechREG: UK Regulator to Review Credit Card Fees; TikTok Steps up Consumer Protections...
June 21, 2022  |  Regulation

Today in TechREG, the U.K. Payment Regulator on Tuesday (June 21) published more details of the upcoming market reviews on Visa and Mastercard’s processing fees...

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Nibble Health Raises $8.5M in B2B Healthcare Payments Seed Round
Nibble Health Raises $8.5M in B2B Healthcare Payments Seed Round
June 21, 2022  |  Investments

B2B healthcare payments platform Nibble Health has finalized an $8.5 million seed funding round that will help to streamline the healthcare payments process with the...

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UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

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One in Five US Consumers Use 7 Different Payment Methods in Stores, Restaurants
One in Five US Consumers Use 7 Different Payment Methods in Stores, Restaurants
June 20, 2022  |  Payment Methods

While United States consumers can choose from a variety of payment alternatives when buying goods and services, PYMNTS’ research found that the average U.S. consumer...

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Real-Time Demand Will Boost EU Open Banking Payments, Says Worldpay EMEA GM
Real-Time Demand Will Boost EU Open Banking Payments, Says Worldpay EMEA GM
June 20, 2022  |  Payments Innovation

Whether it’s the rapid normalization of contactless payments, the buy-now-pay-later boom or the growing interest in cryptocurrencies, the payments industry has been evolving at a...

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UK Pledges to Change 50-Year-Old Consumer Credit Law
UK Pledges to Change 50-Year-Old Consumer Credit Law
June 17, 2022  |  International

The United Kingdom government has announced plans to reform the Consumer Credit Act, which regulates credit card purchases and personal loans. The proposed overhaul aims...

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