Digital Transactions Authoritative, insightful and timely information for payments professionals
ETA Urges CFPB Caution on BNPL Regulation; More App Store Billing Options Coming? Plus Weekly Recap
Search Results for: BNPL
As Regulators Examine BNPL, A Payments Industry Group Advises Caution
With the Consumer Financial Protection Bureau investigating the impact of buy now, pay later programs on consumers, the Electronic Transactions Association early Friday released a letter it hopes will help clarify the issues and help allay the regulator’s concerns about key issues such as debt accumulation, regulatory arbitrage, and data …
Read More »Human-Initiated Fraud Attacks Spike 50%; How AI Helps BNPL Providers; Ransomware Payments up 78%
COMMENTARY: How Artificial Intelligence Is Helping BNPL Providers Stay Secure
Lax credit checks, minimal personal data requested, and fast loan approval. What’s not to love about buy now, pay later (BNPL) options if you’re a cybercriminal? From creating fake identities to exploiting flaws in providers’ data-management tools, bad actors have been quick to take advantage of these fast-growing, convenient finance …
Read More »BNPL’s Continuing Surge; POSaBIT Adds Two More States; Trust Payments Launches Stor E-Commerce Platform
Fast-Growing BNPL Will Capture ‘Additional Share,’ Including Offline Spend, An Analyst Says
The buy now, pay later concept is nothing new, but it took on momentum during the pandemic and may now undergo unstoppable growth in the next few years, according to RBC equity analyst Dan Perlin, who analyzed data on BNPL contained in the 2022 Global Payments Report recently released by …
Read More »Fraud Zeroes in on Fintechs; Eye on BNPL; XTM Adds Apple Pay, Google Pay Support
Eye on BNPL: Startup Airline Breeze Adds Uplift; Mastercard Installments Expands
Buy now, pay later options for consumers continue to grow. Nascent airline Breeze Airways will offer Uplift Inc.’s BNPL option to its travelers and Mastercard Inc. announced several more retailers joined its Mastercard Installments program. Sunnyvale, Calif.-based Uplift said it is the exclusive BNPL option for Breeze flights. The service …
Read More »BNPL Balloons Splitit’s Volume; Chargebacks911, Microsoft Eye Friendly Fraud; Plus Weekly Recap
BNPL’s Exploding Popularity Helps Propel Splitit As It Installs a New CEO
Buy now, pay later has been around for years, but since the onset of the Covid pandemic it has soared in popularity, attracting heavyweight payments companies, opening new payment avenues for consumers, and drawing the attention of federal regulators. Late Thursday, Splitit Payments Ltd. was the latest practitioner to report …
Read More »