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NatWest to End BNPL Option Due to Lower-Than-Expected Use
NatWest to End BNPL Option Due to Lower-Than-Expected Use
March 08, 2024  |  BNPL

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years...

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Acquirers Eye Expansion of Installment Payment Plans Amid Consumer Demand
Acquirers Eye Expansion of Installment Payment Plans Amid Consumer Demand
March 08, 2024  |  Payment Methods

Acquirers — the financial institutions that provide the infrastructure for merchants and businesses to accept card payments — operate behind the scenes but can play...

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ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
Savings Drop Threatens Consumers Ability to Handle Emergency Expenses
March 04, 2024  |  Consumer Insights

Consumers are now saving less money for the proverbial rainy day than they were a year ago. The personal savings rate in January was 3.8%, which was...

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Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
March 03, 2024  |  Retail

Among consumers who pay in installments, PYMNTS Intelligence finds, young shoppers are disproportionately ready to use these options to pay for their groceries. By the...

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Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
Paying Over Time for Groceries Will Continue Amid Disposable Income Pressures
March 01, 2024  |  Economy

Recent economic data from this week give ammunition to the argument that paying for groceries over time will be a long-standing trend. As noted in...

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Klarna IPO, Narrow Losses Hint at Brighter BNPL Industry Outlook
Klarna IPO, Narrow Losses Hint at Brighter BNPL Industry Outlook
February 29, 2024  |  BNPL

The booming popularity of buy now, pay later (BNPL) is being reinforced by news Tuesday (Feb. 27) that Klarna — a buy now, pay later powerhouse...

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Who Uses Credit to Buy Groceries? The Answer Might Surprise You
Who Uses Credit to Buy Groceries? The Answer Might Surprise You
February 29, 2024  |  Buy Now Pay Later

A couple of weeks ago, more than 123 million people tuned in to watch the Super Bowl. Analysts say that it was the most watched...

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Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
February 28, 2024  |  Earnings

Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that...

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