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CREDIT CARD LOAN

Fintechs pounce while banks sit out

Fintechs pounce while banks sit out

The pandemic has accelerated many financial trends, particularly for point-of-sale (POS) lending, also known as buy now/pay later (BNPL), which has become a prominent and popular alternative to credit cards. The market for this product is dominated by fintechs, despite a desire among consumers to access credit from their primary financial...

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American Banker BNPL PaymentsSource

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