ON-DEMAND WEBINAR

The Buy Now, Pay Later market continues to grow and diversify. New providers are still emerging, partnerships between fintechs and larger, traditional banking institutions are solidifying – and consumers are getting more and more demanding. Sixty percent of customers abandon applications for unsecured lending products during digital onboarding, due to slow or complex application processes and a lack of(real or perceived) security. Whether you’re a new entrant to the market or a seasoned BNPL provider, providing a frictionless customer experience is critical to maintaining your competitive advantage. But how can you stay ahead of the competition and still effectively manage your risk?

Key Highlights:

• Why a unified platform for data, AI and decisioning can help you analyze and action your data (including decisioning performance data, credit risk, fraud and compliance) for flexibility and scalability throughout the entire customer lifecycle
• How easily accessing a variety of data sources(including alternative data) via a single API, offers a more holistic view of your customers, and encourages financial inclusion
• The importance of automated decisioning for real-time approvals and a frictionless customer experience
• How to develop, deploy and adapt sophisticated risk models without heavy reliance on your vendors/partners – getting you to market faster than your competition

ON-DEMAND WEBINAR

Like a runaway train, Buy Now, Pay Later continues to gather speed in North America. While more providers enter the increasingly attractive (and crowded) market and diversify their offerings, consumers get more and more demanding.

Sixty percent of customers abandon applications for unsecured lending products during digital onboarding, due to slow or complex application processes and a lack of (real or perceived) security. If you’re a BNPL provider, nailing the entire experience is critical.

But how can you get to market faster than the competition, ensure scalability in your product offerings, provide a superior customer experience AND still manage your risk effectively?

They key is in the data and the technology you choose. Hear Kathy Stares, EVP of North America at Provenir, discuss the critical factors to consider when selecting technology partners to grow (or start!) your BNPL business – and how to stay ahead of the competition.

You will learn: 

• To easily access a variety of data sources (including alternative data) via a single API for a more holistic view of the creditworthiness of your customers
• Why a unified platform for data, AI and decisioning can help you analyze and action your data (including decisioning performance data, credit risk, fraud and compliance) for flexibility and scalability throughout the entire customer lifecycle
• How to automate decisioning for real-time approvals and a frictionless customer experience
• To develop, deploy and adapt sophisticated risk models without heavy reliance on your vendors/partners – getting you to market faster than your competition

ON-DEMAND WEBINAR

An e-commerce staple in certain regions, the Buy Now Pay Later wave is now having its moment in North America, with experts projecting the industry growing 10-15 times its current volume by 2025. As with most things in fintech, the landscape of BNPL – including regulations, providers, products and platforms – is changing, rapidly. Consumer expectations continue to grow, with 80% of consumers ranking speed as a key buying factor.

Join us for this panel discussion where we will discuss all things BNPL, including onboarding, the customer journey, how the North American landscape and associated regulations are changing – and how to ensure you are prepared for the evolution.

• The way advanced technologies like AI/ML and automated decisioning can help you respond to market needs and shifts quickly, while managing risk effectively
• How the use of alternative data can help you say yes to more customers and encourage greater financial inclusion for the underbanked
• Why balancing customers experience and frictionless onboarding with fraud prevention and accurate decisioning is critical to ongoing growth
• What the future holds for BNPL regulations and the ways we can future-proof technology to ensure compliance

Todd Anderson