BNPL

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Taking stock of new tech: where is the FinTech industry now?

10 Dec 21 @ 10:18

In Q4 of 2021, FinTech Connect surveyed 100+ FinTech Leads from across the entire FinTech ecosystem to find out more about what are the challenges and opportunities currently presented within... read more

BNPL usage soars but consumer sentiment on spending starts to slow

01 Dec 21 @ 17:20

With inflation surging, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast to the renewed positivity seen... read more

Buy Now Pay Later fraud risks set to rise this Black Friday

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

Digital payments to lead 162% growth in e-commerce spend across Southeast Asia

03 Nov 21 @ 11:26

Southeast Asia is experiencing a financial transformation driven by digital payments, powered by changing consumer and retail trends and more inclusive payment options. E-commerce spending will rise by 162% to... read more

Banks must urgently embrace next generation payments

13 Oct 21 @ 10:14

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

UK will claim majority of £619 billion European embedded finance market

05 Oct 21 @ 16:11

UK-headquartered brands hold higher revenue expectations of embedded finance than their European counterparts, according to a new report. Over the next five years, UK brands expect to generate £230.48 billion... read more

PCM Feature: The future of credit cards for the digital era

27 Sep 21 @ 11:04

Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more

PayPal doubles down on red hot BNPL market with Paidly acquisition

08 Sep 21 @ 08:15

PayPal has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later (BNPL) solutions in Japan, for ¥300 billion or approximately $2.7 billion, principally... read more

US and European processors jostle for pole position in Europe

31 Aug 21 @ 12:48

The pace of evolution in Europe’s payment market is evident in all areas – including processors. Sweeping changes in consumer payment behaviour, merchant acceptance and democratisation of services have produced... read more

Klarna off rails? Losses increase as does regulatory scrutiny

26 Aug 21 @ 09:48

Klarna’s losses increased significantly in Q2 as the BNPL company continued the pace of growth ahead of a possible IPO. Recently valued at $46 billion in an investment round led... read more

BNPL and mobile set to push global e-commerce value to $6 trillion

17 Aug 21 @ 13:03

The retail e-commerce market is estimated to grow by 53% globally by 2024, with the Buy Now Pay Later (BNPL) sector expected to see the second-largest increase in market share,... read more

Apple Pay set sights on launching BNPL offering with Goldman Sachs

11 Aug 21 @ 09:29

Apple is reported to be working on a service that will let consumers pay for any Apple Pay purchase in instalments in direct competition to other BNPL offerings (Buy Now,... read more

Trending

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more