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CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the…

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…

Here’s why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…