Showing results for 'Klarna' in Articles
139 Articles | 49 Magazines | 1 Research | 0 Whitepapers

Fintech Trade Group sues CFPB over BNPL regulation

21 Oct 24 @ 18:02

The Financial Technology Association (FTA), representing major BNPL (Buy Now, Pay Later) providers, has filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB) to block a new rule... read more

UK introduce new BNPL regulations to protect shoppers

18 Oct 24 @ 09:03

On the same day that Apple and Klarna inked a deal to integrate BNPL, the UK government has announced new regulations aimed at protecting millions of Buy-Now, Pay-Later (BNPL) users,... read more

AI: A double-edged sword for Fortune 500 companies

28 Aug 24 @ 12:04

A few days ago Klarna made the announcement that it plans AI driven cuts to its workforce with plans to axe almost half of its staff, as the lossmaking Swedish... read more

UK Buy Now Pay Later market set for significant growth

23 Aug 24 @ 14:31

The UK’s Buy Now Pay Later (BNPL) market is poised for substantial growth, with payments expected to reach $34.28 billion in 2024, marking a 15% increase from the previous year.... read more

Future of payments: Digital innovations redefining shopping

15 Aug 24 @ 16:51

As market digitalization accelerates, customer expectations are reshaping how we shop and pay, blending online and offline experiences into unified commerce. Digital wallets are rising in popularity, automated systems promise... read more

Investors over-valued payments firms and CBDCs are overhyped: 2024 jury

23 Jul 24 @ 09:55

According to the 2024 report from the Payments Innovation Jury, many payments firms were over-valued prior to the pandemic, CBDCs have been overhyped and Asia remains the most promising region... read more

Best payment for your gaming website

23 Jul 24 @ 09:39

Choosing the right way to pay for your game site matters. Here are some common payment ways: credit cards, e-wallets, bank transfers, and cryptocurrencies. They can help you make your... read more

As growth continues in BNPL, market dynamics fascinate…

11 Jul 24 @ 10:00

The Global Payments Report 2024 from Worldpay projects continuing strong growth for Buy Now Pay Later (BNPL) as a payment form over the next five years. Underneath this positive outlook, however,... read more

Apple kills Apple Pay Later service in US

18 Jun 24 @ 09:05

Apple has been forced into an embarrassing about turn with its BNPL product, Apple Pay Later product, that only launched in the US last year. The cessation of the service... read more

US moves to regulate BNPL the same as credit cards

24 May 24 @ 09:07

The U.S. Consumer Financial Protection Bureau (CFPB) issued a new interpretation under the existing Truth in Lending Act. It states that BNPL (buy now, pay later) companies must provide the same... read more

This is what job hunting is like for UK workers right now

26 Apr 24 @ 09:24

The UK employment rate stood at 75% in November 2023 to January 2024, while the unemployment rate was estimated at 3.9% for the same period. That out-of-work figure is a... read more

ESG: Is payments sustainability still a thing?

07 Mar 24 @ 17:39

As banks struggle to make a profit and the ESG trend fades quicker than a fake sun-tan, James Wood asks whether sustainability still matters in payments. Despite all the negative... read more

Banking super apps: knocking the competition for six

08 Jan 24 @ 20:07

As we write about Elon Musk’s plans for X and the future of Open Banking in Europe, news reaches Payments Cards & Mobile of an alternative to either the social... read more

Report: Why banks must act now to deliver secure digital ID

27 Nov 23 @ 11:40

A new report from European payments solutions experts Nets argues that banks must act now to deliver secure digital ID solutions for their customers as commerce goes online and governments and... read more

Super app showdown: Europe risks falling behind

24 Nov 23 @ 17:11

In recent years there has been a surge in the development of mobile applications, known as Super apps, which offer payment and financial transaction processing for personal and commercial life.... read more

After the fintech bloodbath – what comes next?

24 Oct 23 @ 11:00

The last eighteen months have seen fintechs and blockchain companies take a hammering. As the dust settles, Managing Editor James Wood asks what comes next. First, the stark facts. Last... read more

Checkout.com launches Intelligent Acceptance – AI-powered optimisation engine

04 Jul 23 @ 12:00

Checkout.com has launched Intelligent Acceptance, its latest product to help merchants optimise acceptance rates and grow revenues. Intelligent Acceptance is an AI-powered optimisation engine, trained on billions of transactional data... read more

Open Banking grows up – but who is making the gains?

16 Jun 23 @ 11:45

Five years after firing the starting gun on Open Banking (OB), it looks like things are going well in the UK. However, a key question remains – especially for the... read more

BNPL regulation: Is consumer debt finally reaching breaking point?

15 Feb 23 @ 17:01

BNPL has, to date, managed to escape regulations aimed at other interest-bearing loans. In the UK, where the BNPL market was worth £5.7 billion in 2021, as with regulators in... read more

UK BNPL market steams ahead to reach $55 billion

10 Feb 23 @ 13:29

The BNPL payment industry in UK has recorded strong growth over the last four quarters, supported by increased e-commerce penetration. BNPL payments are expected to grow by 20.1% on an... read more

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Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more