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

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474
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Another Maryland threat to bank partner model lending

CFPB Monitor

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. The Bank retains ownership of the credit accounts and the debtor-creditor relationship with Maryland consumers for the life of the loan account.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Online lending . Costco Card. A pretty clear-cut sizzle.

Lending 101
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Contemporary Roots

Independent Banker

Retail locations: Five. Products such as mobile banking, mobile deposit, instant-issue debit cards, and online banking for both consumers and businesses are just a few. Meanwhile, our lending policies are conservative but fair. Bank of Old Monroe. Old Monroe, Mo. ROAA in 2015: 1.55 Assets: $319 million. Employees: 65.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Tipping system for retail point of sale. Louis, Missouri. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Tags: Enterprise, payments, mobile, security, Wocket Wallet (product name), hardware, credit/debit cards. Here are the deals by size from 26 Dec to 31 Dec 2015: Weijinsuo.

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Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

It was a broad mix of sub-sectors, from crypto (Ripple) to lending. Tools and programs for alt-lending to businesses. Card-linked rewards & offers. Giftcard and retail voucher marketplace. Bitcoin-denominated P2P lending. Tags: lending, lead gen, SMB. Actiance $28 million. Planwise $750,000.

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Fintech Fundings: 23 Companies Raise $2.7 Billion Week Ending Jan 22

Fintech Labs Insights

Kiosk to convert foreign coins & currency into gift cards. Platform for employers to lend to employees. HQ: Kansas City, Missouri. Retail banking and ATM technology. Tags: Consumer, payments, tickets, B2G2C, merchants, acquiring, debit/credit cards. HQ: Hong Kong, China. Source: Crunchbase. Source: Finovate.

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