Powered by cards and savings, founder Max Levchin's Affirm is aiming to become a major payments brand, challenging traditional consumer credit.
Buy now, pay later can be a complement to credit card programs rather than a competitor. It can enhance the customer experience and appeal to younger generations.
U.S. Bank sees potential for merchant-based buy now, pay later programs online, in person and when invoices arrive. Here’s its marketing strategy for Avvance.
Buy now, pay later plans are appealing, especially for Gen Z and Millennials. But repayment is a growing challenge for many, the NY Fed finds.
An analyst sizes up payments innovations threatening to erode consumer use of credit cards. He sees dim prospects for buy now, pay later.
Apple's buy now, pay later entry is poised to give established players like PayPal, Afterpay & Klarna a run for their money, research shows.
Buy now, pay later plans from the Klarnas of fintech introduced many online buyers to installment payments, but banks are poised to move in.
Increasingly it's getting harder to tell where debit and credit end and BNPL picks up, as the share of wallet fight escalates.
Fintech firms like Klarna, Affirm and PayPal face a brand-new regulatory regime for buy now, pay later plans as bureau clamps down.
Merchants' desire to improve customer experience could produce winners and losers among banking payments providers.
Buy now, pay later was a wave that never crested, until now. Market saturation, regulation and a possible recession are dragging it down.
Getting people to save up for a purchase in an era of instant gratification hinges on offering incentives well ahead of checkout.
The Apple Pay Later product slams other BNPL players, but its effect on banking could be bigger, especially as part of a payments platform.
Bad headlines for Klarna and other BNPL providers have traditional competitors cheering, but writing off BNPL is a big mistake. Here's why.
To avoid ceding the fast-growing buy now, pay later market to a few aggressive fintechs, banks should focus on partnering and niche markets.
Klarna's 'Pay Now' service, piggybacking on bank debit and credit, and its coming Klarna Card, greatly expand its reach.
Bank buy now, pay later efforts must go beyond splitting up credit card payments. Competing head on with BNPL debit cards is one tactic.
Buy now, pay later programs from banks have an advantage over those by fintechs. Banks understand compliance far better than newcomers.
Apple Pay expands with a BNPL option, so people can make installment purchases at retail stores using its proprietary mobile wallet.
Banks building their own Buy Now, Pay Later programs can avoid regulatory headaches by looking at the mistakes fintechs have made.
Consumers report strong credit performance but higher usage by financially vulnerable must be monitored closely as inflation and rates rise.
Research uncovers trends and unexpected insights about how Gen Z views peer-to-peer payments, Buy Now, Pay Later and cash.