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Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan

The Financial Brand

Leading traditional credit card issuer crosses the line into merchant-supported buy now, pay later lending. The post Card-Issuing Bank Takes on Fintechs with Its Own BNPL Plan appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Is ‘Buy Now, Pay Later’ the Future of Consumer Lending?

The Financial Brand

Some view soaring BNPL as an existential threat to credit cards and traditional bank loans. The post Is ‘Buy Now, Pay Later’ the Future of Consumer Lending? appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Others argue there are strong opportunities.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The session also covered the new Georgia “merchant acquirer limited purpose bank” (MALPB) charter, which has the potential to be popular among fintechs wanting bank powers. This charter will give banks more competition in payments. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

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Innovation and Sheer Marketing Muscle Power Credit Card Battle

The Financial Brand

Fintechs and neobanks are adding competition with fresh ideas as major players prepare to spend for share. The post Innovation and Sheer Marketing Muscle Power Credit Card Battle appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Focus: New-To-Credit Millennials, Credit-Rating Systems & Borrowing Credit

BankBazaar

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. But there’s a major issue that quietly cripples this trend. Check out these amazing offers on Credit Cards! New to credit? What’s the current scenario like?

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Credit Unions Unite Behind Digital Banking

PYMNTS

Strong balance sheets in key areas like credit card debt ($64.4 With the possible exception of FinTechs that stand to gain from customer defections and perhaps some legacy banking competitors, no one is rooting against the CUs. A Small Change It’s Not. billion), car loans ($382.9 Digital Unison.

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Credit Cards Still Rule, But Face an Existential Threat From BNPL

The Financial Brand

Buy now, pay later isn't merely a Covid-related trend. The post Credit Cards Still Rule, But Face an Existential Threat From BNPL appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Consumers who adopted it during the pandemic say they are likely to continue using it.

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