The new rules will also mean that BNPL users can make complaints to the Financial Ombudsman Service if something goes wrong ...

As the trend of "Buy Now, Pay Later” becomes increasingly popular among consumers, financial experts caution young shoppers ...

Young people! Here’s what you need to know about ‘buy now, pay later’ loans - COMMENT: They’ve exploded in popularity ...

Key takeaways The FCA has published details of the ‘proportionate’, ‘flexible’ and outcomes-focused conduct regime it is proposing for newly ...

Just 2% of consumers used a mobile wallet and just 1% used a P2P app or BNPL during the three-month period. While overall usage of digital payments is still relatively low, the technology is winning ...

Credit restoration expert Micah Smith cautions over buy now, pay later loan data hitting your credit report negatively and ...

With 50% of surveyed Americans reporting having used BNPL services at least once and no specific regulations pertaining to BNPL in place today, consumers are exposed to the identified risks that ...

In a blog post published earlier this month, the CFPB warns consumers of the risks of buy-now-pay-later (BNPL) credit. The blog post was likely triggered by the spike in the use of BNPL during the ...

LexisNexis Risk Solutions Vice President of Credit Risk Kevin King joins Wealth to discuss the rising trend of buy now, pay later (BNPL) platforms. King notes that BNPL platforms are "changing the ...

ROCHESTER, N.Y. — Buy Now, Pay Later (BNPL) services can be appealing if you pay off your item in four to six installments. However, the risk lies in the bi-weekly payment schedule, which can ...

In the U.K., BNPL use nearly quadrupled in 2020, and, according to 2021 research published in PYMNTS, 1 in 10 U.K. consumers relied on BNPL for their Christmas shopping. Retailers Are In A Race To ...

Sezzle has benefitted from strong BNPL market trends, but faces downside risk due to a deteriorating macro environment and increased consumer credit risk. Despite a strong 2024 performance and ...