Loans

Consumers demand options in the payment experience

What will payments look like in 2022 and beyond? In “The way payments are now made, ” Dave Fura, SVP, responsible for card solutions, FIS, joined 32 other payments managers to discuss what the ‘new normal’ in payments looks like. Fura explores how the payment process has been transformed as …

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Huge market demand Buy now, pay later by 2028

Buy Now Pay Later (BNPL) is a type of short-term financing that allows consumers to make purchases and pay for them at a later date, often without interest. Also known as point-of-sale installment loans, BNPL agreements are becoming an increasingly popular payment option, especially when buying online. “The Buy Now, …

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KBRA assigns preliminary ratings to Marlette Funding Trust 2021-3

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Marlette Funding Trust 2021-3 (“MFT 2021-3”), a $ 318.90 million consumer loan ABS transaction. The ratings reflect the initial credit enhancement levels of 40.65% for Class A Notes to 9.75% for Class D Notes. Credit …

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Installment loans help fuel India’s festive recovery

Indian consumers are ramping up Buy Now, Pay Later (BNPL) installment plans to buy everything from washing machines to online vacations as the country’s longest holiday season kicks off. The popularity of these small loans which typically amount to less than 5,000 rupees (US $ 67) is increasing as the …

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