The rising popularity of Buy Now, Pay Later (BNPL) solutions raises questions for lenders that don’t have a standardized way ...

While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...

Usually, BNPL loans are issued by a merchant's partner bank or NBFC. Many times, customers might not be able to relate the lending entity mentioned in the credit report with the BNPL loan they ...

Even so, you should be cautious about the effect these loans could have on your credit report because some BNPL loans can decrease your score regardless of whether you're paying them off on time ...

The biggest US buy now, pay later providers have long pushed back against sharing their data with credit-scoring firms, ...

It was intended to help inform both “responsible furnishing of BNPL loans to the credit bureaus, as well as an appropriate and empirically supported treatment of this data within the FICO Score.” ...

its delinquency rates and the spillover effects onto other consumer credit products. The market size of BNPL has been expanding: The 2022 CFPB report shows that the top five BNPL lenders issued $ ...

Research from the global banking regulator shows BNPL lending growth is particularly vulnerable to the kind of regulation now being introduced in Australia.

Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...

Banks can now offer BNPL services directly through debit cards as US financial technology firms FIS and Affirm partner to ...

Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.

Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their ...