Is ‘Buy Now, Pay Later’ the Future of Consumer Lending?
Some view soaring BNPL as an existential threat to credit cards and traditional bank loans. Others argue there are strong opportunities.
Payments Trends
The latest news about payments and digital payments trends, including mobile payments, contactless payments, real-time payments, and mobile wallets like Venmo and Zelle.
How Dwolla Is Reinventing Payments as Real-Time Erodes Traditional Channels
Faster and cheaper payments designed for ecommerce depend on open banking partnerships between fintechs and financial institutions.
Traditional Bank Borrows from Amazon to Build an App Rivaling Neobanks
A bank that's 100+ years old doesn't have to be 'out of date.' As part of a sweeping tech upgrade, FNB brings retail savvy to banking.
How Klarna’s Attack on the Payments System Could Impact Banking
The BNPL giant rolled out a "pay now" option and a charge card, raising big questions about what the future holds for traditional payments.
Amazon Shocks Credit Card Industry With Rejection of Visa Payments
Big enough to completely disrupt the payments space, Amazon is flexing its muscles by shunning one of the world's two credit card giants.
18 of the Best Credit Card & Debit Card Designs in Banking
Even as people use digital payment apps more often, they still love a slick-looking card that gets noticed when they pull it out.
Banks Risk Losing Critical Revenue Stream If Payment Trends Continue
The mobile wallet war is one challenge. The shift to P2P and rapid growth of buy now, pay later are two more that directly impact revenue.
Mobile Ordering Fad Poses Payments Fraud Threat
When quick-service restaurants build their own mobile apps to avoid food delivery apps' fees, errors enable fraud or trigger false declines.
Plaid’s Payment Invasion Could Radically Alter Card-Based Transactions
The data aggregator launched an accounts-based payments ecosystem with the potential to sharply impact both bank revenues and card networks.
Evaluating Credit Card Profitability: Fee vs. Interest Income
A complex mix of revenues and expenses is not always understood by financial institutions, which can turn card programs into profit drains.
Banks Duke it Out to Give Consumers a Cash-Back Christmas
Financial marketers ramp up campaigns to capture holiday spend in a season that is all about cash rewards. But BNPL looms large.
The Real Risks and Hidden Costs in the Buy Now Pay Later Game
As financial institutions pile on the BNPL bandwagon, Fitch Ratings issues warnings about the potential consequences of this trendy product.
How Financial Institutions Should Combat Fraud in a Post-Pandemic World
Covid has not only been a great accelerator of digital payments, but also fraud. Financial institutions must balance risk with CX.
3 Ways Credit Cards Can Compete Against Buy Now, Pay Later Trend
BNPL use is surging, but card issuers can win by delivering digital journeys that engage and delight cardholders.
Payments Innovation Explodes, Sparked by Pandemic Disruption
Customers increasingly seek a frictionless experience. This growing demand has sparked the launch of one-stop financial ‘super apps’.
Major Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan
Facing intense competitive pressure, more and more financial institutions are jumping onto the BNPL bandwagon before it's too late.
Big New Entrants Turn Buy Now, Pay Later Wave Into a Tsunami
Mastercard's entry into the BNPL fray, following Square, Goldman and others, could alter the dynamics of what has been a fintech playground.
The Dark Side of Buy Now, Pay Later: Risks Facing the Banking Industry
No retail banking player can ignore BNPL. But five realities – impacting both consumers and institutions – could determine your involvement.
Credit-Hungry Americans Like BNPL, Cards (and Whatever’s Next)
Banks must balance pressure to grow consumer credit with the need to monitor payment performance as buy now, pay later trend boosts debt.
Getting Ready for FedNow’s Impact on Transaction Fees and More
Faster payments effort, accelerated to 2023, will upend the economics and competitive balance of an essential part of the banking business.
Credit Cards Still Rule, But Face an Existential Threat From BNPL
Buy now, pay later isn't merely a Covid-related trend. Consumers who adopted it during the pandemic say they are likely to continue using it.
One Fintech’s Plans Reveal How BNPL Could Spread Further Into Banking
An inside look at what makes 'buy now, pay later' so hot, from revenue streams to funding – from the perspective of market leader Sezzle.
