
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.
The latest news about payments and digital payments trends, including mobile payments, contactless payments, real-time payments, and mobile wallets like Venmo and Zelle.
Some view soaring BNPL as an existential threat to credit cards and traditional bank loans. Others argue there are strong opportunities.
Faster and cheaper payments designed for ecommerce depend on open banking partnerships between fintechs and financial institutions.
A bank that's 100+ years old doesn't have to be 'out of date.'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.
The BNPL giant rolled out a "pay now" option and a charge card, raising big questions about what the future holds for traditional 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.
Even as people use digital payment apps more often, they still love a slick-looking card that gets noticed when they pull it out.
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.
When quick-service restaurants build their own mobile apps to avoid food delivery apps' fees, errors enable fraud or trigger false declines.
The data aggregator launched an accounts-based payments ecosystem with the potential to sharply impact both bank revenues and card networks.
A complex mix of revenues and expenses is not always understood by financial institutions, which can turn card programs into profit drains.
Financial marketers ramp up campaigns to capture holiday spend in a season that is all about cash rewards. But BNPL looms large.
As financial institutions pile on the BNPL bandwagon, Fitch Ratings issues warnings about the potential consequences of this trendy product.
Learn strategies for monetizing commercial banking services, while continuing to attract new small business clients.
Read More about Proven Strategies for Smaller FIs to Attract Business Clients
Covid has not only been a great accelerator of digital payments, but also fraud. Financial institutions must balance risk with CX.
BNPL use is surging, but card issuers can win by delivering digital journeys that engage and delight cardholders.
Customers increasingly seek a frictionless experience. This growing demand has sparked the launch of one-stop financial ‘super apps’.
Facing intense competitive pressure, more and more financial institutions are jumping onto the BNPL bandwagon before it's too late.
Mastercard's entry into the BNPL fray, following Square, Goldman and others, could alter the dynamics of what has been a fintech playground.
No retail banking player can ignore BNPL. But five realities – impacting both consumers and institutions – could determine your involvement.
Banks must balance pressure to grow consumer credit with the need to monitor payment performance as buy now, pay later trend boosts debt.
Faster payments effort, accelerated to 2023, will upend the economics and competitive balance of an essential part of the banking business.
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.
An inside look at what makes 'buy now, pay later' so hot, from revenue streams to funding – from the perspective of market leader Sezzle.
In the first three months of 2023, some institutions have seen their delinquency rate increase up to 3x. What can your financial institution do about it?