article thumbnail

Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later.

Fintech 474
article thumbnail

June’s Top 12 Mobile Pay Moments

PYMNTS

Apple Pay — 20 Months In. It’s been 20 months since Apple Pay launched. How many consumers use Apple Pay? Well, Apple isn’t so keen on sharing those numbers. 34 percent said they rarely consider using Apple Pay – a finding that is now consistent over the last two quarters. . • How often do they use it?

Mobile 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). In January, we were discussing crypto and the need to formulate customer crypto strategies.

Community 216
article thumbnail

A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Another theory is that people’s exposure to their credit reports and FICO® Scores, like seeing their updated FICO® Score on their monthly credit card statements, may have increased awareness and resulted in more prudent management of their personal finances.