Remove Cards Remove Online Remove Risk Management Remove Utah
article thumbnail

Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action. Afterpay Co-Founder and U.S.

Lending 130
article thumbnail

BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. Who Shoulders the Risk? They can then choose the BNPL option at checkout.

Fraud 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Online insurance. Prepaid debit card for youth. HQ: Salt Lake City, Utah. Micro-payments for online content. Tags: SMB, payments, merchants, POS, point of sale, acquring, debit/credit cards. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-.

article thumbnail

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online marketplace for real estate investing. Derivative risk management. Online consumer lending. HQ: Provo, Utah. Tags: Enterprise, investing, trading, risk management, security, compliance. Total raised: $136.7 HQ: San Francisco, California. Source: Finovate. RealtyMogul. Latest round: $18.4

Company 12
article thumbnail

Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Underwrites & guarantees high-risk credit card transactions . Online stock brokerage. Online mortgage advisor. HQ: Salt Lake, Utah. Tags: SMB, POS, payments, credit/debit cards, restaurant merchants, acquiring. Source: Crunchbase. Latest round: $25 million Series B. Total raised: $30.7 Latest round: $20.5

Company 12
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.” Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. Small things can make big differences.

Utah 60
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.” Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. Small things can make big differences.

Utah 60