Apple’s Growth Strategy Emphasizes Payments + BNPL
Apple Pay expands with a BNPL option, so people can make installment purchases at retail stores using its proprietary mobile wallet.
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.
The three major credit bureaus now collect BNPL data, which could alter the competitive balance between fintechs and banks and fuel growth.
Many banks are unsure about offering 'buy now, pay later', but one thing they should do now is educate consumers on using it responsibly.
New financial products' growth amid increasing economic turmoil means that banks must figure out how to relate or face creeping obsolescence.
Legacy financial institutions may be hesitant to recruit third party fintechs to build out their products, and improve the development process, but it's essential in order to outperform the competition, says Skeps CEO Tushar Srivastava.
Consumers see 'Buy Now, Pay Later' as a new way of buying, not borrowing. It is actual debt, but its impact on credit scores is unclear.
Square's pickup of Afterpay may accelerate consolidation in the BNPL market, providing a great opportunity for traditional institutions.
Wait, wasn't Gen Z supposed to be 'debt averse'? New research paints a more nuanced picture as new card accounts surge.
Facing intense competitive pressure, more and more financial institutions are jumping onto the BNPL bandwagon before it's too late.
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Banks must balance pressure to grow consumer credit with the need to monitor payment performance as buy now, pay later trend boosts debt.
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.
BNPL firms are cropping up more and more, points out Amount's Adam Hughes. How does it affect traditional POS card volume or traditional debit and credit card offerings?
A new study shows Gen Z ramping up spending and debt, even while their understanding of credit is weak.
Many don't see the need for a card representing an account they use on their smartphone. But don't ditch cards entirely for Gen Z consumers.
Younger generations want much more out of financial apps than the routine functions Mom and Dad typically use. But parents can't be left behind.
Chase Media Solutions, now followed by Revolut's own effort on new media revenues, raise questions about privacy, personal data and what consumers will trade for them.
Settlement of a lawsuit that began in 2005 will shift the balance of power in how consumers pay merchants.
Major brands like U.S. Bank, Bank of America and Chase amp up payments capabilities in mobile apps, raising the bar for all providers.
Listen to the brightest minds in the banking and business world and get ready to embrace change, take risks and disrupt yourself and your organization.