Industry News

‘Buy Now, Pay Later’ Impact on Consumer Credit Behavior

Buy now, pay later (BNPL) concept allow consumers to purchase now and split their purchases into installment payments.  In The Financial Brand article, they believes, “Now that much of the U.S. has reopened, the pace of in-store adoption of BNPL should rise, driving usage even higher.” To Read More Here.   To Read More Here.

Increased Growth of Contactless Payments

The world today is facing unprecedented challenges due to the global coronavirus pandemic, which is disrupting everyday life as we know it. One of these challenges is navigating how to safely run essential errands while trying to “social distance.”   Due to COVID-19, the trend of touchless payments  (tapping to pay with a mobile device … Read More

5 Key Challenges that Banks & Credit Unions will Face the Most in 2020

With the increasing popularity of digital banks and marketplace lenders, traditional banks and credit unions are encountering 5 key challenges: Meeting the Digital Expectations of Customers For Credit: Digital is Not Enough Dealing with Security Issues Marketing Efforts Training Employees Learn more in-depth about the 5 key challenges HERE. 

The Current State of the Real Estate Fintech Sector

In this article, Lend Academy explores the trends in different areas as seen below of real estate fintech sector. Real Estate Crowdfunding iBuying and Improving the Buying/ Selling Process Digital Mortgages Read more here.