Generative Data Intelligence

Tag: delinquency

BNPL: High Reward, High Risk?

Buy Now, Pay Later has finished 2021 strong, the new payment model seeing strong adoption over the past 12 months particularly as the pandemic forced a number of shifts to consumer spending habits. The biggest platforms continue to expand – BNPL company Klarna recently extended its services to incorporate all online retailers, whether they’re Klarna partners or not – but while they and other players have reaped the rewards, the longer-term potential pitfalls of the product are only beginning to be visible as data becomes available. In a recent survey from Pipslay, some 43% of Gen Z respondents reported they’d

The post BNPL: High Reward, High Risk? first appeared on FinTech Rising.

Debt Collection Fintech TrueAccord Introduces Retain, a Digital-First Solution for Early-Stage Collections

TrueAccord Corporation, which provides intelligent digital recovery and communication products and services, reveals that it has introduced Retain, a new, client-branded product that...

Fintech Qudian Reports $63.8M in Q2 2021 Revenue, with $41.8M in Income Attributed to Shareholders

Qudian Inc. (NYSE: QD), an established technology platform that aims to improve the online consumer finance experience for Chinese consumers, recently revealed its...

Constant, a Digitized, Self-Service Solution Provider for Banks, Partners Alkami to Offer Streamlined Digital Loan Servicing

Constant, an established provider of digitized, self-service solutions for banking platforms and credit unions, reveals that it has teamed up with Alkami, a...

Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation

Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410...

Bill Payment Is Changing Fast – Stay Current on These Three Trends

During the pandemic as consumers have grown more accustomed to shopping, meeting and interacting remotely, their expectations as to how they manage their...

5 Ways Mortgage Lending In 2030 Will Look Nothing Like It Does Today

The following is a guest blog post by mortgagetech veteran Caleb Skinner. This year’s historically low interest rates are creating rare opportunities...

Enova Acquires OnDeck for $90 Million

Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a $90 million cash...

COVID-19: Time to collect and recover? (Tobias Ferdenzi)

Evolution and opportunities – what will be forthcoming in the collections and recoveries ecosystem? In the current situation, some individuals and businesses who ordinarily...

Upgrade CEO Renaud Laplanche: Fintech is About Using Online or Mobile Devices to Streamline Access to Financial Services

Last month, Upgrade, Inc., a Fintech providing consumers access to credit, was named a “Best Place to Work in the Bay Area” by...

OnDeck Shares Early Progress in Borrower Behavior

OnDeck has been focused on cutting costs, amending credit facilities and has a plan in place for when they recommence originations. May 28, 2020...

CEO of AI surveillance upstart Banjo walks the plank after white supremacist past sinks contracts

Damien Patton 'deeply ashamed' of drive-by synagogue shooting

The CEO of surveillance AI upstart Banjo, Damien Patton, has quit the company he founded following revelations he was involved with the Ku Klux Klan in the 1990s and participated in the shooting of a synagogue.…

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