The Fintech Times

MAY 22, 2024

The Consumer Financial Protection Bureau (CFPB), a US government agency responsible for protecting consumers in the financial sector, has ruled that buy now, pay later (BNPL) lenders must treat consumers as credit card providers do, ensuring they receive the same key protections. Will BNPL increase the consumer debt burden?

BNPL 64

BNPL Credit Cards Consumer Financial Protection Bureau (CFPB) CFPB 64

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 59

BNPL Credit Cards Research Regulations 59

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 59

BNPL Caps Regulations Government 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. Want the full post? download the state of fintech Q2 2022 report. First name. Company name. Phone number.

BNPL 65

BNPL B2B FinTech Research 65

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 45

BNPL Payment Gateways Gateways Returns 45

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

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 75

BNPL Continuity Risk Finance 75

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

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

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. Since its last funding round in September 2021, the platform has increased its payments volume by 3x month-over-month. Want the full post?

BNPL 63

BNPL Volume Participant Research 63

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. Featured image credit: Fairbanc The post Fairbanc to Enhance Indonesian Operations with US$13.3M

Finance 97

Finance BNPL Embedded Finance Gateways 97

PYMNTS

NOVEMBER 2, 2020

million new merchant accounts — doubling its pre-coronavirus quarterly average merchant sign-on rate, CEO Dan Schulman told investors on the post-earnings conference call. Schulman also touted the success of PayPal’s latest BNPL push in the U.S., The company now forecasts $900 million in revenue for Venmo during 2021.

Venmo 105

Venmo PayPal BNPL Volume 105

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 84

BNPL Payment Gateways Gateways Innovation 84

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. Want the full post? 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

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. Want the full post?

BNPL 68

BNPL Processors Payments Research 68

CB Insights

MARCH 15, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. window.ClearbitForHubspot.addForm($form); }, region: “na1”, portalId: “763793”, formId: “43c769ca-a0ef-4952-9926-d926d9a4c885” }); Want the full post? The post Indian BNPL provider MoneyView reaches a $625M valuation.

BNPL 63

BNPL FinTech Participant Research 63

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 115

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 115

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. Download the “2024 State of Fraud” whitepaper by Telesign here.

APACS 98

APACS Data Breach FinTech Fraud Prevention 98

CB Insights

APRIL 18, 2022

The global fintech unicorn count hit 235 in 2021 — up 108% from 2020. window.ClearbitForHubspot.addForm($form); }, region: “na1”, portalId: “763793”, formId: “43c769ca-a0ef-4952-9926-d926d9a4c885” }); Want the full post? Download the report to learn more.</p> hbspt.forms.create({.

BNPL 56

BNPL API FinTech Participant 56

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

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

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. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud.

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 92

BNPL Mitigation FinTech Security 92

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

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 Want the full post? First name. Company Name.

BNPL 58

BNPL Research Posting Finance 58

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

FICO

JANUARY 18, 2023

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. Here are the top five posts from 2022 on debt collection trends. Self-service options have proven to deliver great results both in early collections and even post charge-off recovery. Read the full post. in the year to Oct 2021 (The Money Charity, Dec 2021).

Posting 52

Posting Returns Addressing Origination 52

The Fintech Times

SEPTEMBER 2, 2024

For instance, in Saudi Arabia, the Saudi Arabian Monetary Authority (SAMA) granted licences to STC Bank and Saudi Digital Bank in June 2021, followed by D360 in February 2022. In Israel, One Zero became the first bank to launch in over 40 years in January 2021, following open-banking reforms adopted in October the same year.

Non-Bank 64

Non-Bank FinTech Visa Underserved 64

Fintech Review

JUNE 4, 2024

A crucial facet of Uzum’s digital ecosystem (which includes a marketplace, an express delivery service, traditional and digital banks, a BNPL service, an automotive marketplace) is an app for entrepreneurs, designed to provide the financing for young, early-stage businesses. The post Uzbekistan: A Fintech Paradise?

FinTech 109

FinTech Financial Inclusion BNPL P2P 109

CB Insights

MARCH 2, 2021

As online shopping surges amid the pandemic, “buy now, pay later” (BNPL) companies have dominated headlines — attracting online, money-conscious shoppers with seamless delayed payment alternatives that bypass the usual fees. Download our full report to find out the top trends poised to reshape industries in 2021.

BNPL 62

BNPL Volume On-Demand Payments 62

CB Insights

SEPTEMBER 20, 2021

GreenSky: Georgia-based GreenSky is a fintech company that provides buy now, pay later (BNPL) solutions to merchants, enabling them to expand payment options for their customers and increase sales. The company went public at a valuation of $4.28B in May 2018 and posted revenue of $525.6M Want the full post?

Acquirers 67

Acquirers BNPL Volume Posting 67

FICO

JUNE 20, 2022

Tue, 03/23/2021 - 22:16. In our last blog post , we discussed key considerations in the impact to the FICO® Score of Buy Now, Pay Later (BNPL) accounts being included in the consumer credit file based on our research on data from a major BNPL provider in the U.S. by Suna Hafizogullari. expand_less Back To Top.

BNPL 52

BNPL Accounts Financial Inclusion Credit Cards 52

FICO

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Here are the top 5 posts from 2022. Saxon Shirley.

AI 52

AI Posting Audit Government 52

The Fintech Times

FEBRUARY 28, 2024

Against this backdrop of rapidly declining availability of regulated credit to sub-prime customers, unregulated lending has risen, including buy now, pay later ( BNPL ) and in some instances, illegal money lending.

Risk 59

Risk BNPL Non-Bank Regulations 59

The Fintech Times

APRIL 22, 2024

Through the new launch, Codebase Technologies, with offices across MENA , Africa and APAC, will provide financial institutions with a tailored platform to launch a variety of SME financing products and services such as digital supply chain financing products, BNPL for business, working capital loans, and much more, across key geographies.

Underserved 69

Underserved Finance Technology APACS 69

Fintech Finance

JUNE 14, 2024

New advanced payments solutions for French businesses on Stripe Starting this summer, Alma, the leading buy now, pay later (BNPL) provider in France with over 4 million active users, will be available as a payment method for all Stripe users. It can be turned on directly from the Stripe Dashboard with no code required.

AI 92

AI BNPL Credit Cards PayPal 92

The Fintech Times

APRIL 10, 2024

The research published indicates that since 2021, fintech funding has dropped considerably. “I believe fintechs will still have a difficult time fundraising in 2024, and will potentially have a slow recovery post 2025. “Fintech’s success hinges on its ability to adapt to the post-‘free money’ era.

FinTech 116

FinTech Consulting Due Diligence AI 116