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

PYMNTS

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June.

Lending 130
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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? The BNPL Business Model.

Fraud 52
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Best Free Market Research a Retail Banker Will Ever Get. 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.

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Best Free Market Research a Retail Banker Will Ever Get. 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.

Utah 60
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Online insurance. Financing solutions for retailers & manufacturers. HQ: Salt Lake City, Utah. Micro-payments for online content. Retail finance gateway. Tags: Advisors, institutions, investing, trading, risk management. Total dollars raised YTD is now $16 billion, nearly double the $8.4