NasdaqGS:AFRMDiversified Financial
Affirm Fiserv Deal And Bank Charter Bid Recast Growth And Risk
Affirm Holdings (NasdaqGS:AFRM) announced an exclusive collaboration with Fiserv to bring pay over time features to debit cards for thousands of financial institutions.
The company has applied to form Affirm Bank, an FDIC insured subsidiary, in a move that would place it under direct banking regulation.
The Fiserv partnership is designed to let banks and credit unions offer Affirm powered installment options without adding major technical complexity.
Affirm runs a buy now, pay later model...