Skip to main content


Information Age:
How Buy Now, Pay Later Technology Works

Allison Karavos
October 9, 2023

BNPL is here to stay. Bank of England figures suggest more than three million households in the UK owe £2.7 billion to BNPL lenders. Over £10 billion has been lent in the past three years. And it’s not just consumers using this payment method – 43% of European businesses have used BNPL to cover a business expense.  What is really astonishing is the accuracy of the lending. Default rates are a fraction of credit card lending, despite a similar user base. So, how do they do it?

In this Information Age article, Corinne Lleti, Director General of Southern Europe for Provenir, explains how BNPL providers use data, AI and ML to make more reliable decisions in a fraction of a second.

The Ultimate Guide to Decision Engines

What is a decision engine and how does it help your business processes?


AI-powered risk decisioning platform connects fraud scores, identity checks and device validation…
NEWS Provenir Wins‘Best Technology Provider – Risk Decisioning’ in the 2024 Credit Strategy Credi…
NEWS Kueski Selects Provenirto Power its Aggressive Growth and Expansion Plans Provenir and Kuesk…