Experian is launching The Buy Now Pay Later Bureau this spring, which the Irish credit data company calls a “first-of-its kind” operation designed to protect consumer credit scores from and drive more inclusive and responsible lending. The announcement, published Wednesday (Jan. 26) on the Experian...
Buy now, pay later (BNPL) firm Afterpay has formed partnerships with Nordstrom, Calvin Klein and Tommy Hilfiger, with Nordstom already offering Afterpay’s service online and in-store. “We are constantly evolving to enhance the customer experience both in-store and online at Nordstrom and Nordstrom Rack,” Dennis...
The only sureties in life, it is said, are death and taxes. We can add higher interest rates to the list. As stocks gyrate wildly on Wall Street, the Federal Reserve is poised to raise rates “soon” (possibly as soon as its next meeting in...
Affirm’s app has become a super app, the buy now, pay later (BNPL) network announced Wednesday (Jan. 26). The Affirm SuperApp is one of two new additions to the company’s product suite, along with a Google Chrome browser extension. The former puts all of Affirm’s...
Buy now pay later (BNPL) banking platform Klarna is introducing a physical Visa card in the U.K. that already has a waitlist of 400,000, according to a blog post on Wednesday (Jan. 26). With the Klarna Card users can pay in up to 30 days...
The year 2021 proved to be monumental for the buy now, pay later (BNPL) market, with usage more than doubling by the end of the year. BNPL plans are still nascent compared to traditional payments methods, such as credit and debit cards, but the...
For buy now, pay later (BNPL), just like that, things are kicking up a notch. You might remember that through the pandemic, there has been a flurry of deal-making in the BNPL industry, where Square struck a deal to acquire Afterpay for about $28 billion....
The rising popularity of buy now, pay later (BNPL) options has made fraud prevention increasingly important for the providers and merchants offering it. A quarter of American merchants accept BNPL, with another 46% planning to implement it within the coming year. At the start of...
Credit company Fullerton India and Paytm owner One97 Communications Limited have joined forces to offer lending products to merchants and consumers. According to multiple media reports Monday (Jan. 24), the partnership will offer Paytm Postpaid — the company’s buy now, pay later (BNPL) product —...
