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Industry: BNPL

What’s Next for BNPL in North America and how to Prepare For the Evolution

ON-DEMAND WEBINAR

What’s Next for BNPL
in North America and how to Prepare For the Evolution

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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

Speakers:

  • Kathy Stares

    EVP Americas, Provenir

  • Rob Seidman

    Head of Product, BNPL/POS Lending, U.S. Bank

  • Josh Williams

    CEO, Seattle Bank

Moderator:

Todd Anderson

Chief Content Officer, Fintech Nexus


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The Rapidly Evolving BNPL Landscape and How to Prepare For It

ON-DEMAND WEBINAR

The Rapidly Evolving
BNPL Landscape and How to Prepare For It

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Buy Now Pay Later has moved beyond a fad into an e-commerce staple, with a 200% increase in the use of BNPL services since the Covid-19 pandemic began. But as with most things in fintech, the landscape of BNPL is evolving, quickly. New competitors are popping up every day, regulations are changing rapidly and consumers’ expectations are growing – in fact, 80% of consumers rank speed as a key buying factor.

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


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Provenir Joins Visa Ready for BNPL Program to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector

NEWS

Provenir Joins Visa Ready for BNPL Program
to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector

Providing universal access to data, simplified AI and sophisticated decisioning technology, Provenir continues to broaden its partnership with Visa

Parsippany, NJ — May 10, 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services the ability to make data-fueled and AI-powered intelligent decisions.

Today’s announcement builds on Provenir’s established partnership with Visa, leveraging Visa’s collaboration, expertise and vast network. In addition to Visa Ready for BNPL, Provenir is also an enabling partner with Visa’s Fintech Fast Track Program and Visa Fintech Partner Connect.

Provenir’s AI-Powered Decisioning Platform is comprised of three essential components that enable financial institutions to rapidly overcome the challenges that hold them back — data integration, AI deployment and decisioning automation.

“Provenir is proud to join Visa Ready for BNPL as an enabling partner providing AI-risk decisioning for Visa clients in the BNPL sector,” said Kathy Stares, Executive Vice President, North America at Provenir. “In the fast-moving BNPL sector, risk decisioning that’s accurate and based on real-time information is essential. Our AI-powered risk decisioning platform provides a cohesive risk ecosystem to enable smarter decisions across the entire customer lifecycle to power many of the world’s leading BNPL providers across all continents.”

Through the Visa Ready for BNPL program, Visa establishes a robust ecosystem of partners to scale Visa’s BNPL portfolio of solutions worldwide.

Visa Ready for BNPL program partners provide Visa clients access to solutions and capabilities to support standing up BNPL capabilities including acquirers, POS systems, commerce platforms, issuer/virtual card processors, digital banking providers, origination platforms, system integrators and more.

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Finovate Europe Fireside Chat – Luke Seaman, Klarna and Carol Hamilton, Provenir

ON-DEMAND WEBINAR

Finovate Europe Fireside Chat:
Luke Seaman, Klarna and Carol Hamilton, Provenir

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We were pleased to sponsor and participate in Finovate Europe this March. Prior to the big event, we sat down with Luke Seaman, Head of Public Affairs at Klarna.

Watch his discussion with Carol Hamilton, Provenir’s SVP of Global Solutions, where they chat all things BNPL, AI and its role in risk decisioning, and all the fun at Finovate Europe!

Speakers:

  • Luke Seaman

    Head of Public Affairs, Klarna

  • Carol Hamilton

    Chief Product Officer, Provenir


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Finovate Europe Fireside Chat – Luke Seaman, Klarna & Carol Hamilton, Provenir

ON-DEMAND WEBINAR

Finovate Europe Fireside Chat:
Luke Seaman, Klarna and Carol Hamilton, Provenir

Book a Meeting

We were pleased to sponsor and participate in Finovate Europe this March. Prior to the big event, we sat down with Luke Seaman, Head of Public Affairs at Klarna.

Watch his discussion with Carol Hamilton, Provenir’s SVP of Global Solutions, where they chat all things BNPL, AI and its role in risk decisioning, and all the fun at Finovate Europe!

Speakers:

  • Luke Seaman

    Head of Public Affairs, Klarna

  • Carol Hamilton

    Credit Product Officer, Provenir


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Fintech Trends to Drive 2022: Growth of Buy Now Pay Later and Increased Investments in Technology Enabling Financial Inclusion

NEWS

Fintech Trends to Drive 2022:
Growth of Buy Now Pay Later and Increased Investments in Technology Enabling Financial Inclusion

Buy Now, Pay Later (BNPL) and financial inclusion captured headlines and investments in 2021 and will continue to grow in 2022 as traditional banks scurry to join the crowded BNPL space and organizations strive to modify processes to meet the needs of a previously unserved population.

In an article in Financial IT, Kathy Stares, Executive Vice President, North America, for Provenir, provides insight on the critical role alternative data plays in both BNPL and financial inclusion, and why data, AI and real-time decisioning will be key areas of investment in 2022.

Read the full article at Financial IT

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Infographic: The Intersection of Credit Cards + Buy Now, Pay Later

INFOGRAPHIC

The Intersection of Credit Cards + Buy Now, Pay Later

How to Work Together to Accelerate Growth

62% of current Buy Now, Pay Later customers think it could replace their credit cards. But where does that leave credit cards? Discover how BNPL and the credit card industry can work together to encourage responsible lending, financial inclusion and profitable growth.

Back to the Future: 8 Features of Fast and Future-Proof BNPL Technology

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Datasheet: Thrive in Buy Now, Pay Later

DATA SHEET

Thrive in Buy Now, Pay Later

Real-time onboarding. Integrated fraud checks. Smarter decisioning.

Advanced automation, analytics, decisioning and integration capabilities – learn more about streamlining complex processes and creating a superior customer experience.

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eBook: The Future of Buy Now, Pay Later – the Industry Weighs In

EBOOK

The Future of Buy Now, Pay Later – the Industry Weighs In

Discover what industry experts predict is on the horizon for the rapidly evolving Buy Now, Pay Later market

uy Now, Pay Later (BNPL) is absolutely everywhere these days. Record transaction numbers, new providers, new markets served. What does this rapid growth mean for the future of BNPL? What impact will increasing regulations have on the seemingly endless runway of opportunity? Hear from industry influencers what they believe the future of BNPL has in store – for providers, merchants and consumers.

Learn about:

  • The impact of the Covid-19 pandemic on BNPL trends
  • How providers can create products that support long-term credit health
  • How the right technology solutions can future-proof your BNPL products

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provenir and atom bank
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Back to the Future: 8 Features of Fast and Future-Proof BNPL Technology

EBOOK

Back to the Future: 8 Features of Fast and Future-Proof BNPL Technology

Discover the technology features that will help you thrive in the rapidly evolving BNPL market

Over the past year Buy Now, Pay Later products have gone from an interesting new option to a household staple. And, like any emerging market, the products and the regulations that govern them are evolving quickly. As BNPL providers take bigger and bigger bites out of the $8 trillion credit card industry, both credit card providers and innovative startups are taking notice. To compete and thrive, you need technology that doesn’t just get you to market quickly, but that also prepares you for what the future of BNPL holds.

In our latest eBook, we explore the 8 decisioning and analytics technology features that will prepare you to:

  • Power world-class onboarding experiences
  • Access and use the data you need to make smarter credit decisions
  • Rapidly adapt processes to comply with evolving regulations

Download the eBook today to discover what tools you need to get ahead and stay ahead as BNPL grows its market share!

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