Alternative Credit news and trends

Alternative Payment Methods Help Build-A-Bear Workshop Adjust to New Consumer Spend Trends
Payment Methods // June 04, 2024

The very nature of commerce itself is changing. We’re no longer doing everything online, and the post-pandemic economy demands that a broad — and growing — range of payments options be on offer, no matter where consumers are shopping. The payments modalities and data analytics...

B2B Companies Embrace Invoice Financing to Drive Business Continuity
B2B Payments // May 30, 2024

As businesses evolve, so too do the ways in which they pay and get paid. After all, cash flow is the lifeblood of any business. Against that backdrop, there exists a broader trend in the FinTech industry where innovative solutions are transforming the traditional landscape...

Why Gen Z Shops Merchants That Offer Pay Later Plans
Consumer Finance // May 16, 2024

Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL) options. For example, Generation Z has kept a steady use rate for pay later plans...

Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Buy Now Pay Later // May 15, 2024

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15)...

Interviews & Exclusives
Alternative Payment Methods Help Build-A-Bear Workshop Adjust to New Consumer Spend Trends

June 04, 2024
The very nature of commerce itself is changing. We’re no longer doing everything online, and the post-pandemic economy demands that a broad — and growing — range of payments options be on offer, no matter where consumers are shopping. The payments modalities and data analytics on the payments consumers prefer to use are especially critical […]

B2B Companies Embrace Invoice Financing to Drive Business Continuity

May 30, 2024
As businesses evolve, so too do the ways in which they pay and get paid. After all, cash flow is the lifeblood of any business. Against that backdrop, there exists...

Why Gen Z Shops Merchants That Offer Pay Later Plans

May 16, 2024
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL)...

APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50...

Quick Reads
Affirm Updates BNPL App Ahead of Holiday Shopping Season

October 30, 2024
Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now provides users with — among other things — easier access to personalized payment terms and interest-free offers via its app, according to a Wednesday (Oct. 30) press release. The changes […]

Klarna and Nets Team on BNPL for Nordic eCommerce Merchants

May 15, 2024
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and...

Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo

April 09, 2024
Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast Asia, the company said in...

Pier Raises $2.4 Million to Help Businesses Launch Credit Products

January 11, 2024
Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. The company’s “Stripe for credit” solution automates every aspect of the credit...