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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.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The San Francisco-based bank had a total of 5,751 retail branches by the end of the second quarter, citing 114 branch consolidations during the first half. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp.

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Picking Up The Bill On Consumer Trust, Post-Data Breaches

PYMNTS

Florida Senator Bill Nelson introduced the bill, which was co-sponsored by Connecticut Senator Richard Blumenthal and Wisconsin Senator Tammy Baldwin. Forty-eight states currently have data breach notification laws , but they are inconsistent; the proposed bill would create uniform regulations across the country.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Retail: Shopping goes even more online as grocery joins the e-commerce ranks. Remote learning technology. 3D printing.

Industry 101