The First National Bank of Omaha launched a buy now, pay later service that enables merchants to offer installment payments to consumers. FNBO tapped EXL, an operations management and analytics company, and Skeps, a point-of-sale loan originations platform, to help develop the service. The BNPL service can be integrated into e-commerce Web …
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Curve’s Unique BNPL Angle; Contactless Payments Grow, PSCU Finds; Plus Weekly Recap
Square’s Cashless Touchdown; Affirm Preps For Amazon BNPL Debut; Plus Weekly Recap
Kayak Adds More Uplift BNPL Options and other Digital Transactions News briefs from 9/10/21
Travel search engine Kayak Corp. said it will expand its offering of buy now, pay later capability through provider Uplift Inc. to include bookings on the mobile Web and through the Kayak app.In related news, Wisetack, which specializes in buy now, pay later services for home and auto repair, said it raised $45 …
Read More »Affirm Tests a New Debit Card While Preparing to Begin BNPL Operations With Amazon
A new card product that taps the user’s checking account for in-full purchases or installments is in beta testing with “several hundred people,” at buy now, pay later specialist Affirm Holdings Inc., the company’s chief executive, Max Levchin, told equity analysts late Thursday during a session to discuss the company’s …
Read More »Mastercard Acquires CipherTrace in Crypto Move; Eye on Faster Payments; Marqeta’s 350% BNPL Revenue Bump
Marqeta’s 350% BNPL Revenue Bump and other Digital Transactions News briefs from 9/9/21
Card-issuing platform Marqeta Inc. said in the first year of a partnership with Zip Co., an Australia-based buy now, pay later provider that recently changed its U.S. branding to Zip from Quadpay, it experienced a 350% year-over-year increase in BNPL net revenue in the 2021 second quarter.Payments and buy now, pay later …
Read More »Zilch is Latest U.S. BNPL Entry; Walgreens Jumps into Banking; Subscription Fees Are up 15%
The United Kingdom’s Zilch Becomes the Latest Entrant in the Hotly Contested U.S. BNPL Market
Zilch Technology Ltd. is preparing to become the latest entrant in the U.S. buy now, pay later market. The move hinges on the London-based company’s acquisition of San Francisco-based debt-funding platform Neptune Financial & Management Services LLC (NepFin), a deal Zilch announced on Thursday. The terms were not disclosed. The …
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