alternative lending

CFPB Wants Credit Reporting Standards in BNPL Sector

CFPB Wants Credit Reporting Standards in BNPL Sector
CFPB Wants Credit Reporting Standards in BNPL Sector
June 16, 2022  |  BNPL

The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer...

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BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
June 07, 2022  |  BNPL

When a House Subcommittee on Financial Services hearing titled “Buy Now, Pay More Later?” was convened last November, it was clear that rising installment debt...

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Are There Clouds on the BNPL Horizon?
Are There Clouds on the BNPL Horizon?
June 01, 2022  |  BNPL

An increase in delinquencies, combined with a slowing economy, could spell trouble for the future of buy now, pay later (BNPL) companies. Get the Full...

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University eCommerce’s OCM Adopts Splitit Installments-as-a-Service Platform
University eCommerce’s OCM Adopts Splitit Installments-as-a-Service Platform
May 17, 2022  |  BNPL

Buy now, pay later (BNPL) provider Splitit on Tuesday (May 17) unveiled an Installments-as-a-Service platform that relies on consumer credit on payment cards to streamline...

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New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Legal & Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

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FinTech Possible Finance Raises $20M in Equity Funding
FinTech Possible Finance Raises $20M in Equity Funding
May 03, 2022  |  Investments

FinTech firm Possible Finance, which works on financial services for the underserved, announced Tuesday (May 3) that it has received an additional $20 million in...

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Revenue-Based Financing Drives eCommerce, SaaS Growth Across MENA
Revenue-Based Financing Drives eCommerce, SaaS Growth Across MENA
April 04, 2022  |  Alternative Credit

Traditional funding methods are seeing headwinds as new models like revenue-based financing (RBF) gain traction across the world. Get the Full Story Complete the form...

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Strong Credit Engine, Global Partnerships, Keys to Big Wins in EU BNPL Market
Strong Credit Engine, Global Partnerships, Keys to Big Wins in EU BNPL Market
March 28, 2022  |  BNPL

The pandemic and associated economic difficulties have given way to a buy now, pay later (BNPL) boom worldwide as consumers embrace the option of paying...

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