Buy Now Pay Later or BNPL is a term that has become increasingly popular in recent years. But ever wondered what the phenomenon means for credit data companies and credit bureaus?
Well that’s what we’re going to talk about in this segment with the world’s largest credit data company Experian, which was also appointed to operate Singapore’s buy now, pay later bureau by the Singapore FinTech Association and the BNPL Working Group last year.
Aside from Buy Now Pay Later, we’re also going to look at some of Experian’s future plans. The company, for one thing, is working with small businesses to help them tap credit data to reduce costs. But how worthwhile is it for data companies to work with SMEs?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Kabir Khanna, General Manager, Credit Services, Experian Singapore for more.