Financial Services

As the deal gets close to being finalized, banks and payment players need to prepare for a new competitive landscape

Many may turn to BNPL to make these purchases, providing a growth opportunity for providers

Nonbank lenders face lighter regulatory oversight than traditional lenders, allowing them to take on more risk when it comes to AI. When used in the lending process, AI can speed up approvals and communications while personalizing service.

This leaves the BNPL industry back at square one in terms of regulation, creating uncertainty for providers

GOBankingRates research examines what young adults do with their paychecks.