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The Buy Now Pay Later Boom Hits the USA and Latin America

Collection Industry News

The credit card giant announced on Tuesday “Mastercard Installments” for US, Australian, and UK markets, offering consumers a 0% interest, pay-in-four-instalments model that’s similar to the rest of the BNPL players in the industry. The ‘increasingly blurry’ line between BNPL and credits cards. in 2020 to 4.2%

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What Is First-Party Fraud?

Fico Collections

From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. What Is First-Party Fraud?