At least some payments players appear to be preparing for an important new phase in the buy now, pay later business, with an opening salvo to include significantly larger loans and revised credit terms that make the advances appear more like traditional installment programs. The move comes as the short-term …

Only 50% of consumers in a new MX Technologies Inc. report say they have used a single digital tool to view multiple financial accounts in one view. That means the other half has yet to do so, MX says. Lehi, Utah-based MX specializes in technology that provides access to divergent …

Despite rampant inflation and supply-chain shortages that have made certain products hard to come by, gift cards, whether they are physical or digital, remain popular with consumers. Indeed, 58% of consumers plan to purchase more gift cards as an alternative to tangible products due to inventory shortages in 2022, according …

Two years after the Covid-19 pandemic helped make buy now, pay later loans popular with online shoppers, BNPL remains a highly attractive payment option, according to a study by BNPL provider Sezzle Inc. Of the 1,153 online shoppers surveyed by Sezzle, 60% of BNPL users plan to use BNPL more …

The European Union on Thursday advanced legislation to curb the power of tech companies, legislation that would force them to provide more billing options to consumers on their highly popular app stores. In related news, Google and the big music streaming service Spotify this week announced Spotify users with Android …

Sales of gift cards in the United States remained steady in 2021, with 73% of consumers purchasing the same number of cards, or more, compared to a year earlier, says a report from Fiserv Inc.  Online merchants were the biggest beneficiaries, with 53% of respondents saying they purchased a gift …

More than half of consumers in the United States have been late paying a bill in the past 12 months, even if they pay online, but not always for reasons associated with unemployment and financial hardships. For many consumers, late bill payments are a result of friction in the bill-payment …

Consumers worldwide went online in unprecedented numbers following the onset of the pandemic, but along with that trend comes an increasing need to establish the identities of users, according to a report issued Monday by Juniper Research. As a result, revenue for companies around the world that develop technology that …

On Tuesday, Plaid Inc., a bellwether of the open-banking movement, announced the availability of Plaid Portal US, a privacy tool for consumers using Plaid’s technology. The move comes as firms that connect financial-services providers with consumer-account data seek to help account owners manage how their information is distributed and used by …

Buy now, pay later loans are extremely popular, especially among Millennials and Gen Zers, because the loans give them more purchasing power, and they can spread out the payments, usually without having to pay interest.  Yet, despite the immense popularity of BNPL loans, evidence is emerging that consumers with multiple …