Mar 6, 2025 | FinTech, News
Survey Finds Gen Z Using BNPL More than Credit Cards A recent J.D. Power survey found that Gen Z consumers are more likely to use Buy Now, Pay Later (BNPL) products than traditional credit cards, which marks the first time this finding has appeared in poll results....
Jan 15, 2025 | Federal Regulation, FinTech, News
With Less than a Week Before Administration Changes, CFPB Issues New Fintech Sandbox Policy Less than a week before the Trump administration is set to retake the White House, the Consumer Financial Protection Bureau (CFPB) issued new procedures for banks and fintechs...
Sep 3, 2024 | FinTech, News
Interest Rate Cuts Could Increase BNPL Usage, CEO Says Last month, one of the leading buy now, pay later (BNPL) providers, Affirm, reported in its fourth quarter fiscal 2024 results that it saw 31 percent year-over-year growth in gross merchandise volume (GMV),...
Aug 20, 2024 | FinTech, News
Fintechs Increase Lobbying Spending on EWA, AI, and Crypto Major fintech firms increased lobbying spending during the first half of the year compared to their previous spending in the same time frame of 2023, notably on AI, cryptocurrency, and earned wage access...
Aug 8, 2024 | Federal Regulation, FinTech, News
Comment Period on CFPB BNPL Rule Closes, Leaving Future Unclear The comment period has officially ended for the Consumer Financial Protection Bureau (CFPB)’s interpretive rule on buy now, pay later (BNPL) products, with multiple companies and organizations weighing in...
Aug 6, 2024 | Federal Regulation, FinTech, News
Regulators Seeking More Details on Bank-Fintech Relationships Federal regulators have recently sought comments on the relationships between financial institutions and the third parties—especially fintechs—that often partner with them. Agencies seeking better...
