The pandemic propelled a new financing trend among consumers, which paved the path for financial inclusion and has the potential to reimagine the way credit underwriting is done. BNPL (Buy Now, Pay Later) is especially becoming popular among the younger generation that has fewer options to finance their purchases, and among online shoppers given the convenience.
In this webinar, experts engaged in conversations around the rise of BNPL, the convenience it offers, and how credit can be approached differently using data analytics. They also discussed the key challenges, benefits, regulatory perspectives, and critical success factors that any banks or financial institutions need to keep in mind as they become a part of this growing trend.
On the panel were: