Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Progress
56% Bias Score
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Progress
52% Bias Score
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Progress
40% Bias Score
US Credit Card Defaults Soar to 14-Year High
US credit card loan defaults soared to \$46 billion in the first nine months of 2024, a 50% increase from 2023 and the highest level since 2010, disproportionately affecting lower-income households with zero savings rates, according to a Financial Times report citing BankRegData.
US Credit Card Defaults Soar to 14-Year High
US credit card loan defaults soared to \$46 billion in the first nine months of 2024, a 50% increase from 2023 and the highest level since 2010, disproportionately affecting lower-income households with zero savings rates, according to a Financial Times report citing BankRegData.
Progress
28% Bias Score
Online Shopping Debt in Germany
This article explores the rising issue of online shopping debt in Germany, focusing on the impact of "buy now, pay later" services and highlighting the disproportionate effect on women and young people.
Online Shopping Debt in Germany
This article explores the rising issue of online shopping debt in Germany, focusing on the impact of "buy now, pay later" services and highlighting the disproportionate effect on women and young people.
Progress
24% Bias Score
Dutch Government Urges Halt to "Buy Now, Pay Later" Expansion
The Dutch government urged, but cannot ban, "buy now, pay later" services in stores before 2026 due to upcoming EU regulation, expressing concern for vulnerable consumers who may accumulate debt; Klarna, a major provider, is considering a credit opt-out feature.
Dutch Government Urges Halt to "Buy Now, Pay Later" Expansion
The Dutch government urged, but cannot ban, "buy now, pay later" services in stores before 2026 due to upcoming EU regulation, expressing concern for vulnerable consumers who may accumulate debt; Klarna, a major provider, is considering a credit opt-out feature.
Progress
52% Bias Score
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Progress
44% Bias Score
\$2.7 Billion Christmas Debt Hangover for 1.7 Million Australians
Approximately 1.7 million Australians are in debt totaling \$2.7 billion due to Christmas spending, with an average debt of \$1634 per person; many will take six months or more to repay.
\$2.7 Billion Christmas Debt Hangover for 1.7 Million Australians
Approximately 1.7 million Australians are in debt totaling \$2.7 billion due to Christmas spending, with an average debt of \$1634 per person; many will take six months or more to repay.
Progress
40% Bias Score
Cyber Monday 2024: Record $13.2 Billion in Online Sales
Cyber Monday 2024 is projected to generate a record $13.2 billion in online sales, exceeding Black Friday's $10.8 billion, driven by retailer promotions and "buy now, pay later" financing, despite economic headwinds.
Cyber Monday 2024: Record $13.2 Billion in Online Sales
Cyber Monday 2024 is projected to generate a record $13.2 billion in online sales, exceeding Black Friday's $10.8 billion, driven by retailer promotions and "buy now, pay later" financing, despite economic headwinds.
Progress
40% Bias Score