The behavioural analytics blindspot undercutting creditworthiness
Exploring how behavioral analytics can fill the gaps of traditional credit scoring, boosting financial inclusion for the credit invisible.
Exploring how behavioral analytics can fill the gaps of traditional credit scoring, boosting financial inclusion for the credit invisible.
Still, cart abandonment rates have not changed much, while fraud losses have been up to billions of dollars, making it difficult to maintain customer trust and profit margins. These pain points are directly linked to financial targets and brand damage at the highest levels being missed or incurred, respectively.
European businesses will be able to offer Wero as a payment method in their online checkout through their existing integration with Nuvei
What do you think about the concept of Buy Now Pay Later? Is it a 2023 trend or an age-old concept?
A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions. BNPL schemes enable consumers to spread the cost of their purchases without interest charges; making them a highly attractive alternative to credit cards. Additionally,...