BNPL

BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules
October 21, 2024  |  Buy Now Pay Later

The suit filed last week seeking to stop a new rule from the Consumer Financial Protection Bureau (CFPB) governing buy now, pay later (BNPL) loans...

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FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
FinTech Association Sues CFPB; Says BNPL Rule ‘Oversteps Legal Bounds’
October 20, 2024  |  Buy Now Pay Later

The Financial Technology Association (FTA) has filed a lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) final interpretive rule on pay-in-four buy now, pay later...

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GoodRx and Partner Pharmacies to Offer Affirm’s BNPL Option
GoodRx and Partner Pharmacies to Offer Affirm’s BNPL Option
October 20, 2024  |  Buy Now Pay Later

Prescription savings platform GoodRx and its partner retail pharmacies will begin offering Affirm’s pay-over-time option directly to consumers in the coming months. With this new...

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UK Government Aims to Provide More Protections to BNPL Users
UK Government Aims to Provide More Protections to BNPL Users
October 17, 2024  |  Buy Now Pay Later

The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by...

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Klarna Now Available on Apple Pay in US and UK
Klarna Now Available on Apple Pay in US and UK
October 17, 2024  |  Buy Now Pay Later

Klarna’s flexible payment options are now available to eligible Apple Pay users in the United States and the United Kingdom. Options include pay later in...

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Rite Aid Adds Klarna’s ‘Pay in 4’ Option to Its Stores
Rite Aid Adds Klarna’s ‘Pay in 4’ Option to Its Stores
October 16, 2024  |  BNPL

Rite Aid has teamed with Klarna to offer buy now, pay later options at its drugstores. The collaboration, announced Wednesday (Oct. 16), lets Rite Aid customers use Klarna’s Pay in...

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Klarna Reportedly Selling UK BNPL Loans to Hedge Fund Elliott
Klarna Reportedly Selling UK BNPL Loans to Hedge Fund Elliott
October 16, 2024  |  BNPL

Klarna is reportedly selling most of its British buy now, pay later (BNPL) loans. The deal with American hedge fund Elliott will free up as much as $39 billion for...

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Visa Sees Cloud-Native Banking and Flexible Credentials as Modern Issuing Must-Haves
Visa Sees Cloud-Native Banking and Flexible Credentials as Modern Issuing Must-Haves
October 11, 2024  |  VISA

In a world where the average consumer has more computing power in their pocket than the Apollo 11 spacecraft, it’s no surprise that the financial...

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Lemon Launches Flexible Financing Solutions for SaaS Vendors
Lemon Launches Flexible Financing Solutions for SaaS Vendors
October 10, 2024  |  Alternative Credit

Lemon announced Thursday (Oct. 10) that the company has launched and that its financing platform built for software-as-a-service (SaaS) sales teams is live. The platform...

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