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The Latest Breaking News from BNPL

One in four adults in UK to buy now, pay later for Christmas, study shows

Citizens Advice warns such credit schemes risk delivering ‘knockout blow’ to household finances

The Guardian - UK

Citizens Advice warning as many turn to buy-now-pay-later to fund Christmas

The charity said it was braced to provide debt support as increasing numbers resort to using the unregulated credit.

The Independent UK

Amazon, Shopify Lead E-Commerce Stocks Higher On Record Black Friday Sales

Amazon stock rose Monday, along with Shopify and other e-commerce companies, on positive Black Friday data.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Black Friday Online Spending Hits $9.8 Billion; Analysts Expect A Record Cyber Monday

Black Friday generated $9.8 billion in online U.S. sales. Shoppers spent nearly $90 billion this holiday season. Adobe expects a Cyber Monday record.

Investors Business Daily

More Americans are expected to 'buy now, pay later' for the holidays. Analysts see a growing risk

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells

The Independent UK

Young people’s reluctance to talk about money is putting them at risk – here’s how to help them

Credit is an everyday, and often essential, part of young people’s lives. Gaining access to credit for the first time is an important transition to adulthood that can enable you to study, earn and invest in your future.

The Conversation

Buy now, pay later firm Klarna reports first quarterly profit in four years

Swing to profit of £9.6m by Swedish firm improves its fortunes in run-up to possible £12bn flotation

The Guardian - UK

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FCA acts against PayPal and QVC as more Britons turn to buy now, pay later

Payments group and TV shopping channel change small print after financial regulator steps in

The Guardian - UK

Amazon, Walmart Holiday Deals Will Tow In This Hot Shopping Trend

Buy now, pay later services like Affirm, to drive mobile holiday shopping in a key year for mobile.

Investors Business Daily

On the cards: Amex UK boss on plans for BNPL and keeping BA tie-up despite climate crisis

Hannah Lewis on the financial services firm’s partnership with airline, weathering the pandemic and navigating a male-dominated business world

The Guardian - UK

Cash payments rise in UK as people seek ways to manage budgets

Number of payments using coins and notes rose 7% last year amid cost of living crisis, after a decade of decline

The Guardian - UK

Fifth of buy now, pay later customers ‘have used the credit to fund essentials’

Some consumers have faced issues managing payments, been charged a late fee, or used a credit card to fund a repayment, according to research.

The Independent UK

Buy now, pay later firm Klarna reports first month of profit in three years

Fintech company still made second-quarter operating loss of £62m as calls grow for sector to be regulated

The Guardian - UK

2 Unusually Active Call Options Catching My Eye on a Friday

Early in Friday trading, more stocks are up on the NYSE and Nasdaq than down, with Nvidia still leading the charge. Sea is leading the way when it comes to unusual call option activity. Two others have caught my eye.

Barchart

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Fortune

Buy-now, pay-later giant Klarna says it will ‘double down’ in Europe after reporting major growth in the region

The company said it has seen "phenomenal growth" across Europe.

Newsroom.co.nz

Buy-now-pay-later closure hits unfunded medicines

Businesses relying on the popular but contentious payments model are finding their operations increasingly difficult to stack up, reports Andrew Bevin.

The Guardian - UK

Buy now, pay later medical loans on rise as desperate patients go private amid NHS backlogs

Finance firms defend credit deals as ethical but health experts warn of spiralling public indebtedness

The Guardian - UK

Buy now, pay later firms stay unregulated – and Britons are racking up debt

Estimates suggest one in 10 consumers who use companies such as Klarna and Clearpay end up with debt collectors as no safeguards in place

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news in one place.

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Investors Business Daily

SQ Stock Looks To Squash Summertime Blues With Fresh Breakout

With BNPL leader Afterpay under the Block umbrella and 122% EPS growth under its belt, SQ stock looks for a new breakout to pay off.

The Independent UK

Coalition of groups press Chancellor on buy now, pay later regulation plans

Charities and consumer advocates have written an open letter to Chancellor Jeremy Hunt, saying regulation is ‘more important than ever’.

The Independent UK

‘Buy now, pay later’ regulation is needed, says Martin Lewis

The consumer champion said regulation ‘doesn’t curtail the industry’, following concerns that a crackdown could potentially be shelved.

Fortune

Buy now, pay later vs. credit cards—which one is right for you?

Buy now, pay later services are more commonly offered and consumers might be torn about whether to pay with plastic or pay later with BNPL. We asked experts to break down the key differences.

The Independent UK

How banks can enter the booming BNPL space with card-based BNPL

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

Kiplinger

A Guide to Debt: Good vs. Bad and Tips to Better Manage It

Debt might help or hurt your long-term finances, so be mindful of its use.

The New Daily

Buy now, pay when you die: Pizza chain’s cheeky marketing gig

A Kiwi pizza chain is taking buy now, pay later to a whole new level, announcing an "AfterLife Pay" campaign.

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