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Machine learning models for BNPL: A step forward in predicting credit losses accurately

Buy Now Pay Later (BNPL), a short-term interest-free consumer credit solution, is increasing in popularity in the US. However, despite explosive growth in sales volumes, none of the pure-play BNPL companies are profitable, including BNPL giants. Since the credit risk undertaken in BNPL is usually higher compared to other credit solutions, the

24 April 2023 /retail /predictions Banking Strategy, Digital and Transformation