FORGOTTEN HISTORY: 5 - Caught on Camera

More US finance firms say they were affected by Evolve data breach

Yieldstreet and Affirm join Wise, Branch, and many others in being affected.

TechRadar · Jul 3, 2024

Rumors of American consumer strife are greatly exaggerated, Affirm CEO and PayPal cofounder says

Any customer’s inability to pay is a mistake on Affirm’s side, Max Levchin added. And he’s got the numbers to prove it.

Fortune · Jun 26, 2024

PayPal cofounder Max Levchin's traumatic debt experience motivated him to create Affirm. Now he's dreaming of a world without credit cards

But the jury’s still out on whether his buy-now, pay-later system is any better—or different for consumers.

Fortune · Jun 26, 2024

Apple’s ‘Buy Now, Pay Later’ service gets shut down today — what you need to know

Apple is shutting down its Apple Pay Later service that was introduced less than a year ago but similar features are coming to Apple Pay later this year.

Tom’s Guide · Jun 17, 2024

Apple Pay Later is already being shut down, after only launching last year

After only launching last year, Apple is shutting down Apple Pay Later in favor of new instalment loan options from third-parties.

iMore · Jun 17, 2024

The Fed hits Evolve bank with order over fintech troubles

The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.

Fortune · Jun 14, 2024

PayPal cofounder Max Levchin’s network of tiny banks could help Apple with its Goldman Sachs issue

The tech giant’s most high-profile banking partnership is reportedly dissolving, but a partnership with Affirm, led by PayPal cofounder Max Levchin, plus a network of smaller, mostly state-chartered banks, is now in place.

Fortune · Jun 13, 2024

Stock Market Today: Nasdaq Hits New High as Apple Stock Soars

Apple stock was one of the biggest gainers Tuesday as analysts were encouraged by the tech giant's new AI offerings.

Kiplinger · Jun 11, 2024

Apple Pay will have more payment options this fall and will also welcome Windows, Chrome users

Apple Inc. plans to add several new features to Apple Pay and Apple Wallet later this year that will more deeply integrate financing, rewards, and buy now, pay later options into the iPhone when consumers shop on their phones

The Independent UK · Jun 11, 2024

Buy now, pay later companies must adhere to credit card standards, consumer agency says

The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders

The Independent UK · May 22, 2024