Credit Unions Exploring Buy Now, Pay Later Installment Products
Credit Unions Exploring Buy Now, Pay Later Installment Products Buy now/pay later (BNPL) installment products have become more popular throughout the COVID pandemic, with credit unions increasingly participating in offering the product. Typical BNPL products allow...
Regulators Urge Banks to Assess Risk in Fintech Relationships
Regulators Urge Banks to Assess Risk in Fintech Relationships Recently, the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC), and the Office of the Comptroller of the Currency (OCC) issued new guidance for community banks to better assess risk as they...
Amazon, Affirm Team Up to Offer Buy Now, Pay Later
Amazon, Affirm Team Up to Offer Buy Now, Pay Later Since the onset of the global pandemic around March of last year, buy now/pay later (BNPL) financing has rapidly become a popular alternative to credit card borrowing. This trend continued last week when Amazon...
