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While Affirm, Afterpay, and Klarna seek out customer loyalty, banks like Barclays are offering merchants their own versions of buy now, pay later. ....
As part of the development, Benzinga chatted with Edge Clear founder Morad Askar. Takeaway: “If you were trading for me, and I’m going to put money behind you, I need this thing to really serve you well, in order to see you do well. This is how we are approaching the development and evolution of EdgeProX, and whatever else we do,” Askar said in reference to the platform allowing all traders access to professional tools. “It’s offering the kind of tools you need in order to perform at your peak as a prop trader.” What Happened: In light of increased consumer demand for versatile payment options like buy now, pay later (BNPL), Barclays partnered with Amount to become one of the first major U.S. banks to offer point-of-sale (POS) financing installment options. As part of the development, Barclays will also offer merchants the option of POS payments under their own brand. ....
This story is the third in a multipart series by Benzinga on the state of the fintech sector in 2018. As the fourth quarter kicks off, Benzinga is taking a look back at some of the fintech stories we ve covered in the last nine months. They include continued dealmaking between major. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: ....
Barclays, Amount add installment loans paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
Barclays US Consumer Bank Expands POS Financing Suite to Include Installment Options Powered by Amount Barclays US Consumer Bank has partnered with Amount, a leading technology provider for financial institutions, to become one of the first major U.S. banks to offer point-of-sale (POS) financing installment options. Barclays will also be one the first providers to offer merchants the option of a POS payment under the merchant’s own brand, which presents a unique opportunity for them to deepen connections with their customers. With increased consumer demand for versatile payment options and booming e-commerce leading to a 200% growth in buy now, pay later (BNPL), Barclays is well positioned to strengthen its presence at the point-of-sale. Barclays brings decades of experience in marketing, analytics, underwriting and risk management, in addition to brand presence, a strong balance sheet and a global merchant portfolio to the BNPL marketplace. ....