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By 2028, the number of users of BNPL services (Buy Now, Pay Later) is predicted to double to 670 million, an explosive 107% growth compared to 2024. However, as the industry flourishes, so inevitably do the risks ranging from fraud to late payments. on an annual basis to reach US$560.1 billion in 2025. billion.
Fundiin , Vietnam’s leading Buy Now, Pay Later (BNPL) platform, has announced a strategic partnership with Visa to elevate its credit-scoring model to global standards. Founded in 2019, Fundiin was an early entrant into Vietnam’s BNPL sector, offering a fully automated and online payment solution.
Priore shares his observations on Gen Z’s adoption of newer payment methods like buy now, pay later (BNPL) for smaller purchases. BNPL and younger generations What trends are you seeing in terms of Gen Z’s preferences and adoption of solutions like buy now, pay later (BNPL) for smaller ticket purchases?
Now, The Fintech Times turns its attention to the perception of BNPL and, more specifically, the various myths surrounding the space and how providers are busting them. Lenders take a risk every time they extend credit to people, and that risk has to be priced. “How do we reduce that risk?
Attendees can expect to gain a clearer understanding of the realities of the BNPL industry, insights into the strategies BNPL providers employ to build trust, drive responsible growth, and navigate regulatory changes. Moderating the session will be Tristan Chiappini, VP APAC and Managing Director at PPRO.
Machine learning enhances this approach by processing vast datasets to identify subtle patterns and predict fraudulent activities, making real-time anomaly detection and riskassessment possible. The most successful approaches will prioritise creating frictionless user experiences without compromising security.
The FCA’s final guidance, issued in April 2025, outlines “reasonable procedures,” including fraud riskassessments, internal controls, staff training, and governance oversight. Next steps/action required: Conduct a comprehensive fraud riskassessment across all channels and partners.
Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. BNPL in Credit Reports: How Could This Data Impact FICO Scores?
Open data, in turn, enriches these offerings, enabling innovative credit scoring and riskassessment beyond traditional banking channels. For payments firms, the intersection of payments and credit is becoming a competitive battleground, especially as BNPL and embedded lending scale.
Fluid (Singapore) Fluid illustration, Source: Fluid Based in Singapore, Fluid is a cutting-edge business-to-business (B2B) buy now, pay later (BNPL) solution, designed to help suppliers finance buyers’ purchases right at the point of checkout or when negotiating contractual terms. With a US$6.6
Buy now, pay later (BNPL) was a common example, with the hope that open banking APIs could improve credit assessment for these services. Future applications for open banking in Saudi Arabia may include better riskassessments for variable income, more efficient government payments, and pre-filled mortgage applications.
A riskassessment follows, evaluating the merchants profile through credit checks and performance analysis, leading to application approval or rejection based on these findings. Transaction Processing MMS integrated with payment gateways enables merchants to accept multiple payment methods, including cards, UPI , wallets, and BNPL.
Customizable Repayment Schedule : Supports flexible repayment options, including BNPL and part repayments, with automatic re-amortization based on remaining balances. Integrated Reports Repository : Automates financial reporting and enables co-lending for risk-sharing and improved credit access.
Additionally, the processors are moving towards providing embedded payment solutions themselves and forming strategic alliances with BNPL providers, thus maintaining relevance by innovating and improving the user experience (as well as creating potential revenue streams for themselves based on revenue-share models with the BNPL providers).
And while some of our clients’ business lines benefit from the very latest innovations, others such as mortgage continue to find that older versions of the FICO® Score – even some that were first developed decades ago – meet their needs for credit riskassessment. That’s because FICO® Scores are built to last.
Whether its personal loans, SME financing, auto loans, or BNPL (Buy Now, Pay Later), todays Loan Management Systems are built to handle the complexities of modern lending while ensuring efficiency, compliance, and seamless customer experiences. Billion by 2029! Comprehensive coverage of education expenses.
Jumio , a provider of automated, end-to-end identity verification, riskassessment and compliance solutions, names Igor Beckerman as chief financial officer. Adyen, the financial technology platform, and Billie, the B2B payments innovator, have joined forces to let Adyen’s customers enable B2B BNPL payments services.
Key Features Diverse Product Support : FinBox supports a wide range of loan products, from working capital loans to Buy Now, Pay Later (BNPL) schemes, enabling lenders to cater to varied borrower needs. What types of loans can be managed using Loan Origination Software?
By analyzing borrower behavior, loan performance, and market trends, LMS provides insights that enhance riskassessment and optimize loan offerings. Buy Now Pay Later (BNPL) Loans Buy Now, Pay Later (BNPL) loans offer consumers the flexibility to make purchases immediately and pay in installments, often with zero or low interest.
These loans include term loans, credit cards, BNPL , and auto loans. Credit Underwriting Credit Underwriting is the process by which a lender (such as a bank, credit union, or fintech company) assesses the creditworthiness of a borrower before granting them a loan or line of credit.
Steve, can you tell us about your Automotive Ventures Retail RiskAssessment analysis and how you created the risk matrix? The Retail RiskAssessment is really a complement to the book. We try to identify seed companies as early as possible and make investments to energize their growth. Andrew: That’s fabulous.
Buy Now, Pay Later (BNPL) Services BNPL solutions allow players to split purchases into manageable installments , making it easier to access premium in-game content without upfront costs. Segpay helps reduce chargebacks with AI-powered fraud detection, riskassessment tools, and automated dispute resolution processes.
The UKs fast-growing BNPL sector is entering a pivotal phase as it transitions to full FCA oversight, with providers adapting to new compliance, transparency, and consumer protection standards. The UKs Buy Now Pay Later (BNPL) sector in 2025 stands as one of the fastest-growing payment types.
Key developments include progress on stablecoin regulation with draft legislation anticipated, advancements in open banking and variable recurring payments (VRPs), outcomes from the PSR's review on card fees, and the introduction of buy now pay later (BNPL) legislation in Parliament.
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