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

PYMNTS

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month.

Lending 130
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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Congrats to Randy and a great management team. Goes to the growing cacophony of low-code and no-code software promises in the bank tech market.

Fintech 142
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BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

Separately, research released in September 2020 by youth marketing firm YPulse said that 22% of 13-39-year-olds say they have used a BNPL or payment installment service, and 29% say they haven’t but are interested in using them. . BNPL providers lay out the money for consumer purchases so that retailers are paid in full upfront.

Fraud 52
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Financing solutions for retailers & manufacturers. HQ: Salt Lake City, Utah. Retail finance gateway. Tags: Advisors, institutions, investing, trading, risk management. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? The take-away?

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? The take-away?

Utah 60