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Online Holiday Shopping Sets Record Of $241 Billion In 2024, Up 8.7% From Last Year
Tuesday, January 7, 2025 - 1:34pm | 466Read More...Adobe Analytics released its holiday e-commerce sales report on Tuesday showing that consumers spent a record-setting $241.4 billion online during the 2024 holiday shopping season. The Details: Online spending grew 8.7% from 2023 and consumers spent more than $4 billion in a single day on 15...
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What's Going On With Block Shares Today?
Thursday, August 29, 2024 - 11:58am | 492Read More...Block, Inc. (NYSE:SQ) shares are trading higher Thursday as peer "Buy Now, Pay Later" company Affirm Holdings, Inc.'s (NASDAQ:AFRM) stock surges following better-than-expected quarterly results. Block offers Buy Now, Pay Later (BNPL) services through Afterpay which the company acquired in 2022....
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What's Going On With Affirm Shares Today?
Tuesday, August 13, 2024 - 3:22pm | 571Read More...Affirm Holdings, Inc. (NASDAQ:AFRM) shares are trading higher Tuesday amid overall market strength following softer-than-expected PPI figures released before the opening bell. What Else?: Affirm announced an expanded partnership with Tekmetric to offer customers the ability to pay over time...
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What's Going On With Affirm Stock?
Monday, June 24, 2024 - 2:26pm | 580Read More...Affirm Holdings, Inc. (NASDAQ:AFRM) shares are trading higher Monday. Goldman Sachs analyst Will Nance assumed Affirm with a Buy rating and a $42 price target. The Details: Affirm shares fell last week after Apple, Inc. (NASDAQ:AAPL) announced it would no longer offer its Apple Pay Later feature,...
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Affirm, Paypal, Block Shares Drop Following New BNPL Regulations
Thursday, May 23, 2024 - 2:45pm | 304Read More...Shares of companies offering "Buy now, Pay later" (BNPL) point-of-sale loans are trading lower Thursday after the Consumer Financial Protection Bureau (CFPB) issued rules aimed at providing protections for consumers. The Details: The CFPB issued an interpretive rule that states BNPL lenders...
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OpenAI-Backed Swedish BNPL Company Klarna's AI Bot Cuts Repeat Queries By 25%, Boosting Profits By $40M In Its Debut Month
Wednesday, February 28, 2024 - 5:20am | 503Read More...OpenAI-backed Klarna, a Swedish buy-now-pay-later (BNPL) company, reported resounding success since its global launch a month ago. What Happened: Klarna’s AI assistant has had over 2.3 million conversations, accounting for two-thirds of the company’s customer service chats in its first...
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Apple Pay Later Vs. AAPL Pay Later: Which Is More Rewarding?
Thursday, March 30, 2023 - 10:33am | 495Read More...At the Worldwide Developers Conference last June, Apple Inc (NASDAQ: AAPL) announced its entry into the buy now, pay later market with the introduction of its Apple Pay Later program. Consumers can apply for loans ranging from $50 to $1,000 to make online purchases or in-app transactions through...
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Affirm Q4 Earnings Highlights: Revenue Beat, EPS Miss, Updated Guidance, Shopify Partnership Bringing Consumers In
Thursday, August 25, 2022 - 5:23pm | 495Read More...Buy now, pay later company Affirm Holdings (NASDAQ: AFRM) reported fourth quarter and full fiscal year results after market close Thursday. Here are the key highlights. What Happened: Affirm Holdings reported fourth-quarter revenue of $364.13 million, up 39% year-over-year. The total beat a Street...
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BNPL Providers Not Charging Late Fees May Face Consequences
Monday, September 13, 2021 - 12:34pm | 1081Read More...Nothing good comes for free, but it does come 75% off up-front. That's the payment model for many of the buy-now, pay-later (BNPL) services that are springing up across businesses large and small – customers will often pay for the product in four smaller installments, forking over only a quarter of...
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Fintech Focus For July 26, 2021
Sunday, July 25, 2021 - 6:45pm | 1530Read More...Quote To Start The Day: "You can’t depend on your eyes when your imagination is out of focus.” Source: Mark Twain One Big Thing In Fintech: Crypto exchange Binance US could go public, Binance CEO Changpeng "CZ" Zhao has said. "Our partner in the U.S. is looking at...
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Fintech Focus For July 19, 2021
Sunday, July 18, 2021 - 9:46pm | 1592Read More...Quote To Start The Day: “The greatest glory in living lies not in never failing, but in rising every time we fail.” Source: Nelson Mandela One Big Thing In Fintech: “Just recently, we hit a low in realized volatility.” “The market has had essentially no movement and...
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Fintech Focus For July 14, 2021
Tuesday, July 13, 2021 - 6:29pm | 2350Read More...Quote To Start The Day: “Effective leadership is putting first things first. Effective management is discipline, carrying it out.” Source: Stephen Covey One Big Thing In Fintech: Banks want the Federal Reserve to create tough standards for evaluating whether fintech firms with narrow-...
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Fintech Focus For June 30, 2021
Tuesday, June 29, 2021 - 5:28pm | 1728Read More...Quote To Start The Day: “It ain’t what you don’t know that gets you in trouble. It’s what you know for sure that just ain’t so.” Source: Mark Twain One Big Thing In Fintech: [D]oes the success of BNPL spell doom for the $3tn credit card industry? A new report by...
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Fintech Focus For June 29, 2021
Monday, June 28, 2021 - 5:51pm | 1864Read More...Quote To Start The Day: “Don't be afraid to give up the good to go for the great.” Source: John D. Rockefeller One Big Thing In Fintech: Randal Quarles, the Federal Reserve’s vice chair for supervision, is out with a new speech on digital money and the main gist is that he...
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Fintech Focus For June 9, 2021
Tuesday, June 8, 2021 - 7:39pm | 2379Read More...Quote To Start The Day: "If you want to live a happy life, tie it to a goal, not to people or things.” Source: Albert Einstein One Big Thing In Fintech: A small number of banks have begun offering early direct deposit — a move that will cost them revenue in the short run but could...
