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...
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...
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...
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...
Pay later platform Affirm has launched a partnership with airline-owned network UATP. The collaboration, announced Thursday (May 1), allows merchants on the UATP network —...
American consumers can now buy now, pay later (BNPL) on eBay. A press release issued Wednesday (April 23) announced that eBay has extended its partnership...
Klarna has teamed with Clover to bring its pay-later offering to that company’s point-of-sale system. The partnership will let shoppers pick Klarna’s installment payment option at more than...