The use of financial technology has reached mass adoption as consumers increasingly prefer lower-cost, flexible, and personalized digital financial services. Eight in ten American consumers used a fintech app to manage their money in 2022, with nine in ten consumers (93 percent) saying they benefit from using digital tools, according to a recent survey by…
Author: Penny Lee, opinion contributor
Credit scoring is broken — buy now pay later can help
When used responsibly, alternative payment options like buy now pay later are a powerful tool to help people manage their finances and build a solid credit history.