The Payments Association

OCTOBER 22, 2024

Following the 2021 Woolard Review on the regulation of buy-now-pay-later (BNPL) products, HM Treasury has published its consultation on the draft legislation that will bring these easily available interest-free products within the regulatory perimeter.

BNPL 88

BNPL Treasury Consulting Regulations 88

The Fintech Times

FEBRUARY 13, 2024

Having debunked some of the biggest myths surrounding buy now pay later (BNPL), we now turn our focus on the technology’s potential. We reached out to the industry and asked if it believed BNPL could overtake credit card usage as new technologies rise in popularity. Younger generations prefer BNPL.

BNPL 57

BNPL Credit Cards Research Regulations 57

PYMNTS

DECEMBER 30, 2020

Evidence reveals that these habits picked up steam during the 2020 holiday shopping season, with PYMNTS research finding that 4 percent of Americans used buy now, pay later (BNPL) methods for their Black Friday purchases. The trend toward BNPL solutions is particularly notable among certain consumers groups.

BNPL 110

BNPL Point-of-Sale (POS) Payments Consumer 110

The Fintech Times

FEBRUARY 7, 2024

Buy now, pay later (BNPL) offerings continue to grow in popularity across the UK. An increasing number of Brits are using BNPL services despite the government being unlikely to introduce planned regulation to the sector in the UK ahead of the general election this year. million Brits, according to new research by finder.com.

BNPL 57

BNPL Caps Regulations Governance 57

FICO

OCTOBER 7, 2022

Buy Now, Pay Later: BNPL Fraud and Regulatory Update. Buy now, pay later or BNPL financing is experiencing tremendous growth, but that growth can bring potential growing pains like fraud and regulatory scrutiny. Even more dramatic, PayPal, a relatively late arrival to the party, saw its BNPL volumes soar 226% year over year.

BNPL 52

BNPL Account Takeovers CFPB Consumer Financial Protection Bureau (CFPB) 52

The Fintech Times

JUNE 15, 2024

The consumer credit arm of Mediobanca Group , Compass is expanding its partnership with Nexi , the European paytech, to not only service the buy now pay later (BNPL) market, but the e-commerce one as well. This means customers can have their transaction and BNPL request accepted within just a few minutes.

BNPL 44

BNPL Payment Gateways Gateways Returns 44

PYMNTS

DECEMBER 15, 2020

It’s hard to say which is the best part of buy now, pay later (BNPL). Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space.

BNPL 102

BNPL Credit Cards Research PayPal 102

The Fintech Times

JANUARY 4, 2024

Buy Now Pay Later (BNPL) services’ popularity has continued to grow over the last year. BNPL is a form of unregulated short-term financing which have become increasingly popular, despite the financial risks. Several banks including NatWest , Virgin Money , HSBC and Monzo have also all launched BNPL products.

BNPL 73

BNPL Continuity Risk Finance 73

Finovate

NOVEMBER 13, 2024

After what seems like years of speculation, buy now, pay later (BNPL) leader Klarna has filed for its IPO with the U.S. ” Given its presence in the BNPL space, as well as its lofty valuation, which peaked at almost $46 billion in 2021, there has been a lot of interest in Klarna’s IPO plans. .

BNPL 59

BNPL Blocks Regulations Rules 59

CB Insights

SEPTEMBER 7, 2022

Although overall fintech investment fell by 33% in Q2’22 , funding to BNPL companies has already reached $2.6B in 2022 — on pace to comfortably surpass 2021’s record-high of $4.3B. The post State of Fintech Spotlight: B2B contenders are entering the BNPL fray appeared first on CB Insights Research. First name.

BNPL 65

BNPL B2B FinTech Research 65

PYMNTS

DECEMBER 30, 2020

The migration of the procurement and purchasing process to seller platforms and digital marketplaces will be a driving force into 2021, B2B payment leaders agree, and this trend will drive further change in both payer and payee expectations. But BNPL isn't the only model proliferating in the B2B payment space.

B2B 119

B2B Payer Payments BNPL 119

FICO

FEBRUARY 7, 2023

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. BNPL in Credit Reports: How Could This Data Impact FICO Scores?

BNPL 52

BNPL Posting Underwriting Credit Risk 52

CB Insights

FEBRUARY 25, 2022

Scalapay , a buy now, pay later (BNPL) company, has raised $497M in a Series B. Italy-based Scalapay offers a BNPL platform that enables shoppers to pay for goods in installments. Italy-based Scalapay offers a BNPL platform that enables shoppers to pay for goods in installments. HOW’S THE COMPANY PERFORMING?

BNPL 63

BNPL Volume Participant Research 63

PYMNTS

DECEMBER 31, 2020

BNPL and the Channel-Agnostic Approach. Buy now, pay later (BNPL) solutions have recently experienced rapid growth, with Black Friday and Cyber Monday data revealing that the trend has continued through the holiday season. PYMNTS research also indicates that BNPL is quickly becoming the preferred payment method for more consumers.

BNPL 67

BNPL Adjustments Consumer Assessments 67

Fintech News

MARCH 3, 2024

According to DealStreetAsia , Fairbanc aims to utilise the newly acquired funds to broaden its operations in Indonesia, focusing on off-balance sheet financing via its newly introduced Buy Now, Pay Later (BNPL) gateway. Founded in 2019 by Mir Haque, a Wharton School alum, Fairbanchad previously raised US$4.8

Finance 109

Finance BNPL Embedded Finance Gateways 109

Fintech Finance

JUNE 12, 2024

Nexi , the European PayTech leader, and Compass , the Mediobanca Group’s consumer credit arm, are consolidating their strategic partnership in the Buy Now Pay Later (BNPL) segment by expanding it to include the e-commerce channel as well.

BNPL 94

BNPL Payment Gateways Gateways Innovation 94

PYMNTS

NOVEMBER 2, 2020

It was those investments — particularly PayPal's recent expansion into cryptocurrency and buy now, pay later (BNPL) financing that were of particular interest to analysts when the Q&A segment of the earnings call. Schulman also touted the success of PayPal’s latest BNPL push in the U.S., France and the U.K., billion, up from $4.38

Venmo 105

Venmo PayPal BNPL Volume 105

CB Insights

NOVEMBER 9, 2021

As of September 2021, the company had generated $53.6M Klarna: Sweden-based Klarna is a payment solutions provider that offers buy now, pay later (BNPL) plans. The post Klarna Acquires PriceRunner, A Shopping Price Comparison Service, As It Pushes Further Into BNPL appeared first on CB Insights Research.

BNPL 56

BNPL Acquirers Adjustments Payment Solutions 56

CB Insights

MARCH 15, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. The post Indian BNPL provider MoneyView reaches a $625M valuation. Download the report to learn more.</p> </p> </div> <script charset=”utf-8″ type=”text/javascript” src=”//js.hsforms.net/forms/v2.js”></script>

BNPL 63

BNPL FinTech Participant Research 63

FICO

DECEMBER 15, 2021

BNPL Will Expand Amongst Mainstream Lenders. BNPL (buy now, pay later) will continue its rapid expansion in 2022 from its current position, where transactions values are expected to exceed £6 billion in 2021 in the UK alone. million API calls and 11 million Open Banking payments in the 6 months to August 2021 in the UK alone.

BNPL 52

BNPL Online and Mobile Banking Payment APIs and Integration Assessments 52

Fintech News

OCTOBER 31, 2024

Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Established in 2021, Tazapay is a leader in cross-border payment solutions, serving small and medium-sized enterprises (SMEs) and business-to-business (B2B) marketplaces from around the world.

Cross-Border Payments 126

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 126

CB Insights

MAY 31, 2023

Leading into 2022, numerous fintech unicorns operating in areas like payment acceptance and BNPL saw their funding, employee headcount, and valuations skyrocket. Among these , BNPL provider Klarna and payments processor Stripe reached valuations of $45.6B and $95B, respectively, in 2021.

BNPL 68

BNPL Processors Payments Research 68

Finovate

FEBRUARY 2, 2024

Some of our Mexico-based alums include: Nufi Founded in 2020 and headquartered in Monterrey, Nuevo Leon, Mexico, Nufi made its Finovate debut at FinovateFall 2021 in New York. The company was acquired by Mexico-based online lending platform Konfío in 2021. Photo by Miguel Á.

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

Fintech News

MAY 27, 2024

million in 2021. Additionally, the APAC region is a frontrunner in adopting innovative payment methods like Buy Now, Pay Later (BNPL). According to a report by McKinsey, APAC accounted for nearly 40% of the global BNPL transaction volume in 2020.

APACS 110

APACS Data Breach FinTech Fraud Prevention 110

CB Insights

APRIL 18, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. The post Slope, an API developer enabling retailers to offer BNPL services, raises $24M from Union Square Ventures. Download the report to learn more.</p> js”></script> <script> hbspt.forms.create({. hbspt.forms.create({.

BNPL 56

BNPL API FinTech Participant 56

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021. Capital One Halts BNPL Transactions On Its Credit Cards.

Rules 52

Rules BNPL Caps Community Banks 52

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. Bork is responsible for Sezzle’s large-scale acquisition efforts.

BNPL 120

BNPL Credit Cards PayPal Payments Trends 120

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. BNPL Fraud — When "Buy Now, Pay Later" Backfires. Darryl Knopp wrote: For banks with their own BNPL offering, a multi-layered approach to risk management and fraud protection is critical.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

Fintech News

MARCH 19, 2024

This move comes on the heels of ShopBack’s decision to end its Buy Now, Pay Later (BNPL) service that takes effect this Friday (22 March 2024) in Singapore and Malaysia. The service was initially launched in July 2022 following its acquisition of BNPL provider hoolah in November 2021.

BNPL 104

BNPL Mitigation FinTech Security 104

The Paypers

APRIL 23, 2021

A report from ResearchAndMarkets.com has revealed that BNPL in India is expected to grow by 65.5% million in 2021. on annual basis to reach USD 11570.7

BNPL 31

BNPL 31

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Reuters quoted unnamed sources as saying the offering would occur in early 2021, valuing the company at about $30 billion. Connected-economy companies led 2020’s surprisingly successful roster of U.S.

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

PYMNTS

DECEMBER 14, 2020

Affirm Delays IPO Until Q1 2021. Huntington Bancshares is merging with TCF Financial in a $22 billion deal that will result in the development of one of the top 10 U.S. regional banks. The combined company will operate under the Huntington name. The IPO had been scheduled for this month.

Point-of-Sale (POS) 72

Point-of-Sale (POS) Visa Money Laundering Laws 72

Fintech Finance

APRIL 29, 2024

Over the last several years, e-commerce customers have grown increasingly familiar with “ Buy Now, Pay Later ” (BNPL) options at checkout – the retail equivalent of installment plans. “Our mutual clients have expressed interest in making the premium finance transaction a more seamless experience.

Finance 52

Finance BNPL Enrollments CFPB 52

CB Insights

JUNE 30, 2021

Buy now, pay later (BNPL) companies — which offer online and in-store financing options at the point of sale — are emerging across the globe and gaining momentum with investors. So far in 2021, BNPL players have already set an annual funding record with over $2.1B in equity funding across 20 deals.

BNPL 58

BNPL Research Posting Finance 58

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. Common plans offer four-installment payments as ways to buy items.

Credit Cards 101

Credit Cards BNPL FinTech Economy 101

PYMNTS

JANUARY 7, 2021

Silicon Valley buy now, pay later (BNPL) startup Uplift has closed a $68 million credit line deal with Atalaya Capital Management. . The injection of credit positions us to efficiently fund the rising transaction volume we anticipate as travel demand rebounds in 2021. "The 7) press release.

BNPL 59

BNPL Alternative Payment Methods Volume Payments 59