Remove BNPL Remove Cost Structure Remove Underserved
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i2c: Mobile Banking, Credit Drive FinTech Opportunities Beyond The ‘Simple’ DDA

PYMNTS

Whether it’s increased demand for debit, installment plans or buy now, pay later (BNPL) arrangements, consumers today need multiple types of financial services, rather than a simple DDA account. If I were to issue a million [physical] cards or provision a million cards on a phone, my cost structure is very different.

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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

For payments firms, the intersection of payments and credit is becoming a competitive battleground, especially as BNPL and embedded lending scale. In India, telecom data is being leveraged to assess first-time borrowers, while in Kenya, mobile money transaction data is already driving credit underwriting for underserved populations.

Finance 88