Alliance Data Systems is the latest big player to jump on the buy now, pay later (BNPL) consumer finance trend. Alliance, which provides co-branded and private-label credit cards, announced on Thursday (Oct. 29) that it will acquire Bread and its digital payments platform for $450...
B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR), according to PYMNTS’ The Trade Credit Dilemma Report, While outdated AR practices are tangentially related to the dispute, this week, Instacart shoppers...
Sorry, Halloween — you offer so much fun and so much decadence. But these days, at least when it comes to payments and commerce, you are becoming just a stepping stone to the holiday shopping season. And as that all-important season approaches — have you...
Offering financing to consumers can be a tremendous marketing and customer retention tool for retailers that do it right. The trick, Bread Finance CTO and Co-founder Daniel Simon told PYMNTS in a recent conversation, is doing it right to ensure that consumers know about financing — and whether they can...
October 28, 2019
Sorry, Halloween — you offer so much fun and so much decadence. But these days, at least when it comes to payments and commerce, you are becoming just a stepping stone to the holiday shopping season. And as that all-important season approaches — have you seen your first Christmas-themed commercial yet? Merchants of all types […]
November 09, 2018
Offering financing to consumers can be a tremendous marketing and customer retention tool for retailers that do it right. The trick, Bread Finance CTO and Co-founder Daniel Simon told PYMNTS in a recent conversation, is...
October 25, 2021
The payments company Alliance Data Systems has formed a partnership with the buy now, pay later (BNPL) platform Sezzle, with Alliance offering its installment loan business Bread through Sezzle’s merchant network. “Through the integrated partnership, Sezzle will leverage Bread’s deep underwriting and installment loan product to reach more customers buying big-ticket items, while offering a […]
October 29, 2020
Alliance Data Systems is the latest big player to jump on the buy now, pay later (BNPL) consumer finance trend. Alliance, which provides co-branded and private-label credit cards, announced on...
August 03, 2017
FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC) funding round. Forbes reported news that Bread is...
