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The Latest Breaking News from Klarna

Buy now, pay later firms stay unregulated – and Britons are racking up debt

Estimates suggest one in 10 consumers who use companies such as Klarna and Clearpay end up with debt collectors as no safeguards in place

The Guardian - UK

John Henry given new playful dig after £60m Dominik Szoboszlai Liverpool transfer

FSG have now splashed out £95m on two new Liverpool midfield additions this summer

Liverpool Echo

John Henry offered help over Liverpool signings in cheeky transfer message

The social media exchanges quickly gained traction amid Liverpool's interest in Dominik Szoboszlai

Liverpool Echo

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Arsenal fans make same Declan Rice joke as finer details of £105m transfer emerge

The Gunners are on the verge of reaching an agreement with West Ham United over the transfer of Declan Rice for a British record transfer fee of £100million plus £5m in add-ons

Daily Mirror

As some UK shoppers would welcome robots in stores, fashion retailers look at AI use

Klarna found that about a third of shoppers would be open to the idea of a robot approaching them in-store to take their measurements and recommend styles

Evening Standard

Klarna makes major change to payment choices 'to put customers interests' first'

People shopping directly through the KIarna app will be able to "opt out" of using credit which Klarna says will help people manage their money better and prevent debt

Daily Mirror

Bing Chat will get boosted by plugins — here's which ones are on the way

Several plugins are on the way to Bing Chat, including Expedia, Insacar, Kayak, and Zillow. The AI-powered chatbot will greatly expand its capabilities by integrating with popular apps and services.

Windows Central

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Buy now, pay later services will be considered credit products by the end of the year. Here's how it will work

The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.

ABC News

Buy now pay later: Klarna is courting young shoppers with Paris Hilton and TikTok-style algorithms – here's why it's a problem

After adding a few too many items to your online shopping cart, you head over to the payment page to check out. Alongside the usual credit card and PayPal payment fields, you see an enticing new option. A colourful button offers to allow you to spread your payment over several…

The Conversation

Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can ChatGPT help it turn a profit again?

Klarna, a pioneering fintech startup, seeks a rebound after a year marked by layoffs and a plummeting valuation.

Fortune

Americans Go Deeper Into Debt as They Use Buy Now, Pay Later Apps for Groceries

With inflation squeezing budgets, more consumers are turning to instant credit apps to make ends meet.

Businessweek

Are we returning to an era of delayed gratification? I hope so

Human beings can be well served by waiting around for pleasures. The truth is, writes Vic Groskop, healthy anticipation makes our lives more enjoyable

The Guardian - UK

Junior Bernie Madoff? Businessmen who say they were bilked of tens of millions say Sean Grusd was just as ‘brazen’

He’s accused of conning prominent Chicago businessmen including John Stafford III and Patrick Buck into investing millions — but spending the money on fancy cars, real estate and vacations.

Chicago Sun-Times

Apple joins the 'buy now, pay later' lending trend. Do you know about the downsides?

Starting this week, Apple is rolling out its version of "buy now, pay later."

Los Angeles Times

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The Guardian - UK

Buy. Return. Repeat … What really happens when we send back unwanted clothes?

The rise and rise of online fashion stores – and their generous returns policies – has created a new industry dedicated to dealing with our unwanted clothes. But what damage is being done – to our planet and to retailers – by our boomerang shopping habits?

Evening Standard

Apple launches Pay Later service on iPhones and iPads in the US

The iPhone maker is taking on Klarna and other buy now, pay later loan services

Fortune

GPT-4 is not 'the spark of AGI'

Giving language models the ability to take actions on the internet is risky, some experts say.

The Independent UK

Apple rolls out buy now, pay later service, with guardrails

Apple is getting into the buy now, pay later space with a few tweaks to the existing model, including no option to pay with a credit card

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Marie Claire

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Marie Claire

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Marie Claire

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Marie Claire

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Use these {offer_count} Space NK promo codes to save on skincare, beauty, cosmetics, fragrances, gifts, and more!

Fortune

The 5 best ‘buy now, pay later’ apps for March 2023

We compared the top buy now, pay later platforms on the market and weighed loan terms, APRs, late fees, credit limits, mobile app ratings, and more.

TechRadar

ChatGPT plugins are officially here, and I’m already filled with dystopian dread

The first wave of plugins for the AI chatbot has landed, and so far it’s dominated by, uh… travel companies?

Fortune

What is Databricks really worth?

Databricks says it’s cut its internal valuation about 10%—some of its investors haven’t been as forgiving.

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