Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce ...

Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for ...

Klarna AI layoffs have taken a surprising turn. The Swedish fintech giant, once praised for firing 700 employees and ...

Under new rules, Buy Now, Pay Later services will be subject to the same regulations as credit cards in Australia.

Siemiatkowski spoke about the impact of generative AI while appearing on The Times Tech podcast. "Many people in the tech industry, especially CEOs, tend to downplay ...

Klarna's CEO warns AI could wipe out white-collar jobs and spark a recession as the fintech giant slashes staff and leans ...

Consumer protections that apply to credit products such as hardship requests will now apply to BNPL providers such as ...

More buy now pay later users are missing payments. Experts warn this could blow up your future finances. What to know.

Klarna CEO warns that AI's rapid growth may lead to a recession and widespread white-collar job losses, even as his company rebalances between automation and the human touch.

That means services like Afterpay, Klarna, and Zip will conduct stricter checks before giving you the money, along with more oversight and big consequences if you don’t stay on ...

Recent examples of AI-driven lay-offs, from IBM to Duolingo, are fuelling questions about whether a slash and burn of ...