The subscription service model is growing in popularity across the payments industry as it provides payment transparency for consumers and a steady stream of revenues for providers

We look at the trends that will sustain that growth into 2024

The network also forecasts a surge in ecommerce returns, per its 2024 economic outlook

Despite a slowdown in smartphone sales, innovations in advertising, commerce, AI, and even device form-factors will drive mcommerce and mobile advertising growth in 2024.

The company is trying to cut costs as it focuses on profitability ahead of going public

As the economy improves in 2024, companies will be able to turn their focus toward technological advancements and upcoming regulations.

Consumers are turning to the payment method to mitigate financial pressures this holiday season, but overextension concerns persist

Its growth and cost-cutting measures brought the BNPL fintech its second straight profitable quarter. And it’s projecting full-year profitability for FY 2024

Google said today it is rolling out its Product Studio tool this week, which uses AI to help merchants create and manage product imagery. If that sounds familiar, it’s because Amazon Ads launched something similar last week. But it’s not just Amazon and Google that are leaning harder into generative AI. Walmart is incorporating the technology into search to give shoppers more relevant results, while Klarna is using AI-powered video to expand users’ time spent with the platform.

Buy now, pay later (BNPL) will play a major role in how consumers shop this holiday season as they seek out budget-friendly ways to pay. To capture a bigger share of holiday sales, BNPL provider Klarna has introduced a new suite of tools to help bridge the digital-physical gap with AI-powered technology and shoppable media.

BNPL players are reimagining how consumers access lines of credit—while also seeking elusive profits

Strong volume growth and 100 million users prove the BNPL provider’s successful expansion

Buy now, pay later (BNPL) payment value will rise 14.8% annually from 2023 through 2027, as BNPL fintech leaders adapt to a maturing market by diversifying product offerings and harnessing demographic trends.

It wants to lean on AI to attract users, while new environmental-focused features should strengthen its brand with younger shoppers.

Klarna hailed AI’s potential, but it needs to consider how the tech can bring benefits that competitors can’t replicate.

The BNPL provider added a credit opt-out feature to help prevent consumers from going further into debt

The travel booking site partnered with Stripe and Klarna to offer BNPL and smoother bank transfers.

ChatGPT’s latest update could turn it into a shopping engine: Instacart, Klarna, and Shopify are experimenting with offering users personalized recommendations.