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BNPL usage soars but consumer sentiment on spending starts to slow
With inflation surging, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast to the renewed positivity seen... read more
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Buy Now Pay Later fraud risks set to rise this Black Friday
A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more
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FinTech Wars: A feud that started small but threatens the incumbents
Amazon.com is showing its aggressive side. The e-commerce giant has started a kind of fight with Visa over the costs of using its credit cards, but it won’t confront the... read more
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PCM Feature: The future of credit cards for the digital era
Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more
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BNPL and mobile set to push global e-commerce value to $6 trillion
The retail e-commerce market is estimated to grow by 53% globally by 2024, with the Buy Now Pay Later (BNPL) sector expected to see the second-largest increase in market share,... read more
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