Klarna continued to count more losses as its consumers failed to repay loans. In its first quarter, the Swedish “buy now, pay ...

More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The ...

Pay Later lenders tout predictable payments and zero interest on purchases for those who don’t want to — or can’t — use a ...

But the urge to find out where the economy is heading before definitive findings is a powerful one. Retail sales, commentary from big box companies, and debt loads all contribute to an understanding ...

The model incorporates an attention mechanism to enhance feature learning and employs a hybrid loss function combining Focal Loss ... This approach helps in encouraging financial inclusion as well as ...

Klarna reportedly doubles its net loss, claiming $136 in debt as consumers fail to pay back loans, and after its CEO bragged about replacing his human workers with AI.

Klarna uses an AI doppelganger of CEO Sebastian Siemiatkowski to deliver quarterly earnings, and says it "streamlined" ...

Swedish buy-now-pay-later company Klarna, whose CEO once bragged about replacing workers with AI, is now in deep trouble.

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be ...