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

FICO

The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. Afterpay’s growth numbers are consistent with those contained in the Journal article , which says that roughly one in five millennials used a buy now, pay later service in 2020, about double the rate of Gen X.

Fraud 52
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). 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.” Small things can make big differences.

Utah 60
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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
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Derivative risk management. Millennial saving & investing app. HQ: Provo, Utah. Tags: Enterprise, investing, trading, risk management, security, compliance. Source: Finovate. Latest round: $7 million Debt. Total raised: Unknown. HQ: Surrey, British Columbia, Canada. Source: Crunchbase. Latest round: $3.1

Company 12