FICO’s latest scoring models now factor in buy now, pay later repayment data, a milestone many hoped would bring these plans into the mainstream credit system, giving lenders more visibility into consumers’ total debt and payment behavior.  However, despite billions flowing through installment-payment platforms, lenders still can’t see the full credit picture. …

Embedded lending is rewriting the rules of how payments work, eliminating the need for separate credit approvals and enabling built-in financing directly into digital wallets and checkout processes. In the past year, 45% of Gen Z and Millennials used BNPL services, and these numbers are expected to rise. The global …

Following Klarna’s recent raise of $460 million looking to expand its payments presence in the United States, and Mastercard Inc.’s recent acquisition of Vyze, the consumer-finance space is heating up with the big players of the finance world entering the arena. It is a further indication of the importance of easily …