Buy Now, Pay Later: FinTech's Revival of Point of Sale Lending

Boston FinTech
Boston FinTech
Public group
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Financial Services firms are facing stiff competition as enterprising entrepreneurs blur the link between traditional lines of business such as extending loans and facilitating payments. The emergence of new technologies aimed at servicing customers every need right at the proverbial cash register are driving a departure from a decades old practice of underwriting to merge payments with credit. This trend toward direct-to-consumer has the potential to upend the consumer loan and credit market, opening the door to entrepreneurs and institutions seeking a piece of estimated $390 billion of annual consumer spending on health care, electronics, large home purchases and other areas ripe for financing. Come join Moderator Ron Shevlin and a panel of experts during Boston FinTech Week's first day to debate who, what and when (if ever) a dominant player emerges in the point of sale lending space or if this is a long-tail opportunity for the best of FinTech!