81 articles tagged with this keyword
News/regulation
The US Consumer Financial Protection Bureau's new rule on buy now, pay later lenders has received a mixed reception from industry players, with Affirm welcoming the outcome but rival Klarna calling it "baffling".
24 May 2024
Company announcement/payments
PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay.
23 May 2024
News/sustainable
Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of buy now, pay later and retail finance products available to Octopus Energy customers across the country.
Zilch, the world’s first ad-subsidised payments network (ASPN), today announced its latest milestone: surpassing 4 million registered customers within just 44 months of launch.
News/payments
Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.
The US Consumer Financial Protection Bureau has ruled that buy now, pay later lenders should be treated in the same way as credit cards.
22 May 2024
Nets, part of European PayTech Nexi Group, and Klarna, the AI-powered global payments network and shopping assistant, have entered a partnership that will bring Klarna’s popular payment methods to Nets’ Nordics merchant customers.
15 May 2024
Mexican BNPL platform Aplazo has raised $70 million in equity financing, including a $45 million Series B.
Billed as a game-changer for productivity, up to 90% off Klarna staff are now using generative AI daily, with non-technical groups such as Communications, Marketing, and Legal seeing adoption rates of 92.6%, 87.9%, and 86.4% respectively.
14 May 2024
Buy now, pay later provider Sezzle is gamifying on-time payments with a loyalty programme designed to encourage financial responsibility.
01 May 2024
Company announcement/sustainable
Klarna, the AI powered global payments network and shopping assistant, has announced a further $2M worth of funding as part of its Climate Transformation Fund in collaboration with Milkywire.
Mastercard and Network International, the leading enabler of digital commerce across the Middle East and Africa, have collaborated to roll out Mastercard Installments in the UAE.
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in partnership with Visa (NYSE: V), a world leader in digital payments, has announced “Visa Installments Solution (VIS)” is officially live for ADIB covered cardholders in the UAE.
30 April 2024
Card-linked instalment payments platform Splitit has launched FI-PayLater for banks and card issuers.
25 April 2024
Klarna has struck a global deal with Uber, giving users the option of immediate or deferred payments across the ride hailing company's taxi and food delivery services.
24 April 2024
At NextGen Nordics 2024 in Stockholm, experts engaged in a lively conversation on Buy Now Pay Later (BNPL) in a panel session.
A new study indicates the online bank Monzo has recently transformed into a major provider of buy-now-pay-later (BNPL) credit, going from almost zero to 20% of the market in one year.
23 April 2024
If it wins the upcoming UK general election, the Labour party must harness the fintech sector as an engine for economic growth, opportunity and inclusion across the country, says a report from the Tony Blair Institute for Global Change.
18 April 2024
Klarna, the AI powered global payments network and shopping assistant, today announced it has opened its waitlist for the new Klarna Card to all US consumers.
17 April 2024
US and European officials have begun an "informal dialogue" on consumer financial protection issues, focusing on the rise of Big Tech in payments; the use of AI in lending; and the emergence of buy now, pay later.
15 April 2024
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