FICO (NYSE: FICO), global analytics software leader, today released key guidance and takeaways from a study that analyzed the ...
After a detailed study with Affirm, FICO is considering a scoring model that incorporates BNPL loans, offering the possibility of improved credit outcomes for diligent borrowers.
Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.
The buy now/pay later lender outperformed nearly every analyst estimate in its fiscal Q2 2025 earnings report. CEO Max Levchin said the company is 5 months out from positive GAAP operating income.
Pay Later providers are facing tougher new regulations in a bid to protect consumers from potentially harmful credit ...
The biggest US buy now, pay later providers have long pushed back against sharing their data with credit-scoring firms, ...
The fintech, previously valued at over $82 million, has wound down, founder Paul Kesserwani wrote on LinkedIn last week.
The business-to-business (B2B) BNPL transaction works similarly to the business-to-consumer (B2C) BNPL transaction. After a ...
While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...
Affirm Holdings posted an unexpected second-quarter profit as the provider of buy now, pay later loans saw a jump in its customer base.
CFPB Director Rohit Chopra has long been interested in the credit implications of BNPL loans, largely because the product was created as a form of regulatory arbitrage to avoid Truth in Lending Act ...