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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
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. Get the Full Story Complete the form to unlock this article and...

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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  |  BNPL

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. Get the Full Story Complete the form...

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Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
April 05, 2024  |  BNPL

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  |  BNPL

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Klarna Launches Page Comparing BNPL, Traditional Credit
Klarna Launches Page Comparing BNPL, Traditional Credit
April 03, 2024  |  BNPL

Klarna has launched a new web page that shares data on its buy now, pay later (BNPL) offerings, including their repayment rates, late fee rates and...

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