Core Banking, Financial Management

Buy now, pay later (BNPL) regulations: Curtailing growth or leveling the playing field?

July 15, 2022

Buy now, pay later (BNPL) regulations: Curtailing growth
BNPL has grown rapidly as a lending product for consumers over the last few years. The idea of paying for purchases over time through a few interestfree payments is highly appealing to customers. BNPL firms have rapidly grown revenues as product adoption has increased. Most of this growth is led by fintechs while banks have been trying to play catch-up. Arguably, banks have lagged behind because fintech firms have been able to use their tech advantage to appeal to a wide consumer base and have reduced friction in the customer lending journey. However, industry experts also admit that a lot of this performance disparity may be due to regulatory arbitrage. Large banks face higher scrutiny when compared to fintechs and nonbanking lenders on policies, processes, and analytical strategies.

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Prosper Marketplace

Prosper’s mission is to advance financial well-being. The company’s online lending platform connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. Borrowers get access to affordable fixed-rate, fixed-term personal loans. Investors have the opportunity to earn solid returns via a data-driven underwriting model.

OTHER WHITEPAPERS
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CryptoUnity: Start Simple, Stay Secure

whitePaper | May 17, 2023

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whitePaper | February 17, 2023

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The Business Value of SAP Account Substantiation and Automation by BlackLine

whitePaper | December 14, 2022

The rapid pace of change brought on by the current market dynamics has put a spotlight on the communication of business information. Many financial leaders are hampered by an inability to gather and disseminate that business-critical information to the necessary stakeholders at the necessary speed to cope with the rapidly changing business environment.

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Scaling Your Property Management Business With Payment Technology

whitePaper | October 31, 2020

Property management is an industry that has seen steady yet significant growth over the past year. Obviously, the industry has been affected by the recent economic downturn, and property managers have been placed in a demanding position. Investopedia1 informs us that property managers are routinely responsible for managing real estate assets held by another entity, either a business or a person. Thus, the economic downturn caused by the COVID-19 pandemic has left many people in the unfortunate position of not being able to meet their rental obligations.

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SUSTAINABILITY IN EXPORT FINANCE

whitePaper | May 31, 2022

In 2015, the UN General Assembly formally established the 17 UN Sustainable Development Goals (SDGs) to be addressed by 2030 and that same year, 195 countries committed to keep global warming to well below 2°C. An estimated $5-7 trillion a year of new investment is needed until 2030 to realise the SDGs globally, including investments into infrastructure, clean energy, water and sanitation and agriculture.

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Web3 for Better

whitePaper | March 4, 2023

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Spotlight

Prosper Marketplace

Prosper’s mission is to advance financial well-being. The company’s online lending platform connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. Borrowers get access to affordable fixed-rate, fixed-term personal loans. Investors have the opportunity to earn solid returns via a data-driven underwriting model.

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