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Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

But none of the other major pay-later providers have followed Apple's lead. And while credit bureaus and lenders say they are interested in finding a way to work together, the gulf between the two sides remains wide - so much so that some pay-later firms are exploring creating an alternative credit bureau to handle their loans ...

Far from joining Apple, however, pay-later providers appear to be exploring a system outside the traditional credit reporting infrastructure ...

No momentum supporting factor found

No challenge supporting factor found

Work-in-progress supporting factors

(credit,pay-later,providers,apple)

(credit,pay-later,infrastructure,apple)

(industry,providers,apple)

(pay-later,infrastructure,apple)

(credit,apple,infrastructure)

(credit,apple,providers,infrastructure)

(credit,pay-later,providers,infrastructure)

(credit,providers,infrastructure)

(industry,providers,infrastructure)

(pay-later,providers,apple,infrastructure)

(pay-later,providers,infrastructure)

(credit,industry,models)

(credit,pay-later,industry,models)

(credit,pay-later,models)

(credit,industry,loan)

Time Period	Challenge	Momentum	WIP
Report	0.00	0.00	100.00

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (credit,pay-later,providers,apple)	100.00
(2) (credit,pay-later,infrastructure,apple)	51.40
(3) (industry,providers,apple)	49.30
(4) (pay-later,infrastructure,apple)	49.04
(5) (credit,apple,infrastructure)	48.68
(6) (credit,apple,providers,infrastructure)	47.72
(7) (credit,pay-later,providers,infrastructure)	47.19
(8) (credit,providers,infrastructure)	46.67
(9) (industry,providers,infrastructure)	46.49
(10) (pay-later,providers,apple,infrastructure)	46.32
(11) (pay-later,providers,infrastructure)	46.05
(12) (credit,industry,models)	45.61
(13) (credit,pay-later,industry,models)	44.91
(14) (credit,pay-later,models)	44.65
(15) (credit,industry,loan)	44.47
(16) (credit,pay-later,industry,loan)	43.77
(17) (credit,pay-later,loan)	43.33
(18) (credit,pay-later,wells_fargo)	43.25
(19) (credit,consumers,vantagescore)	42.11
(20) (credit,transunion,vantagescore)	42.02
(21) (industry,consumers,credit,vantagescore)	41.40
(22) (industry,consumers,vantagescore)	39.47
(23) (pay-later,consumers,vantagescore)	39.12
(24) (pay-later,industry,consumers,vantagescore)	38.77
(25) (credit,consumers,transunion)	36.84
(26) (credit,consumers,start)	35.70
(27) (industry,consumers,credit,start)	35.00
(28) (industry,consumers,start)	33.16
(29) (credit,consumers,mortgage)	32.02
(30) (credit,transunion,mortgage)	31.58
(31) (credit,consumers,judge)	30.79
(32) (credit,start,judge)	30.26
(33) (industry,consumers,credit,judge)	29.91
(34) (industry,consumers,judge)	28.33
(35) (industry,start,judge)	27.54
(36) (credit,consumers,information)	26.84
(37) (credit,transunion,information)	26.23
(38) (credit,consumers,fico)	26.05
(39) (credit,transunion,fico)	24.91
(40) (industry,consumers,credit,fico)	24.65
(41) (industry,consumers,fico)	23.60
(42) (pay-later,industry,consumers,fico)	23.33
(43) (credit,industry,qlarifi)	22.19
(44) (credit,infrastructure,qlarifi)	21.93
(45) (credit,industry,providers)	21.40
(46) (credit,industry,infrastructure)	21.05
(47) (credit,industry,data-aggregation)	20.35
(48) (credit,infrastructure,data-aggregation)	20.09
(49) (credit,apple,start)	19.56
(50) (credit,apple,experian)	19.47
(51) (credit,start,experian)	18.77
(52) (credit,apple,apple_pay_later)	18.60
(53) (credit,start,apple_pay_later)	18.42
(54) (credit,transunion,experian)	18.25
(55) (credit,transunion,equifax)	18.16
(56) (credit,start,economy)	18.07
(57) (industry,consumers,credit,economy)	17.98
(58) (industry,consumers,ted_rossman)	16.23
(59) (industry,providers,ted_rossman)	15.88
(60) (pay-later,consumers,ted_rossman)	15.70
(61) (pay-later,industry,consumers,ted_rossman)	15.35
(62) (pay-later,industry,ted_rossman)	13.95
(63) (industry,consumers,providers)	13.42
(64) (industry,start,providers)	12.89
(65) (pay-later,consumers,providers)	12.72
(66) (pay-later,industry,consumers,providers)	12.28
(67) (pay-later,industry,providers)	11.05
(68) (pay-later,industry,consumers,credit)	10.09
(69) (industry,providers,analyst)	8.16
(70) (pay-later,industry,consumers,analyst)	7.89
(71) (industry,vantagescore)	6.58
(72) (pay-later,industry,vantagescore)	6.05
(73) (pay-later,industry,retail)	5.79
(74) (pay-later,industry,record-setting)	5.35
(75) (pay-later,klarna,qlarifi)	4.82
(76) (pay-later,qlarifi)	4.56
(77) (pay-later,apple,watershed)	4.39
(78) (pay-later,providers,apple,watershed)	4.30
(79) (pay-later,providers,watershed)	4.04
(80) (pay-later,apple,fast-growing)	3.95
(81) (pay-later,providers,apple,fast-growing)	3.60
(82) (pay-later,providers,fast-growing)	3.33
(83) (pay-later,klarna,tech-savvy)	2.98
(84) (pay-later,klarna,portrays)	2.89
(85) (pay-later,klarna,naughton)	2.63
(86) (pay-later,consumers,interest)	2.54
(87) (pay-later,klarna,interest)	2.46
(88) (pay-later,consumers,installments)	2.11
(89) (pay-later,klarna,installments)	2.02
(90) (pay-later,klarna,executive)	1.67
(91) (pay-later,consumers,klarna)	1.32
(92) (industry,start,pay-later)	0.70
(93) (industry,start,ted_rossman)	0.44
(94) (industry,ted_rossman)	0.35
(95) (industry,start,regulators)	0.26
(96) (industry,start,market)	0.18
(97) (industry,retail)	0.09

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

WIP - Back to HLA

Far from joining Apple, however, pay-later providers appear to be exploring a system outside the traditional credit reporting infrastructure ...
High Level Abstractions:

(credit,pay-later,providers,apple)
(pay-later,infrastructure,apple)
(credit,pay-later,infrastructure,apple)
(credit,industry,providers)
(industry,providers,apple)
Inferred entity relationships (21)
(credit,infrastructure,qlarifi) [inferred]
(apple,credit,experian) [inferred]
(credit,infrastructure,providers) [inferred]
(apple,credit,infrastructure,pay-later) [inferred]
(apple,credit,infrastructure,providers) [inferred]
(credit,industry,loan,pay-later) [inferred]
(apple,credit,start) [inferred]
(credit,industry,loan) [inferred]
(apple,credit,infrastructure) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,industry,qlarifi) [inferred]
(pay-later,providers,watershed) [inferred]
(industry,providers,start) [inferred]
(credit,pay-later,wells_fargo) [inferred]
(apple,infrastructure,pay-later,providers) [inferred]
(infrastructure,pay-later,providers) [inferred]
(industry,providers,ted_rossman) [inferred]
(apple,credit,pay-later,providers) [inferred]
(credit,industry,models) [inferred]
(credit,infrastructure,pay-later,providers) [inferred]
(credit,industry,models,pay-later) [inferred]

WIP - Back to HLA

But none of the other major pay-later providers have followed Apple's lead. And while credit bureaus and lenders say they are interested in finding a way to work together, the gulf between the two sides remains wide - so much so that some pay-later firms are exploring creating an alternative credit bureau to handle their loans ...
High Level Abstractions:

(credit,pay-later,providers,apple)
Inferred entity relationships (7)
(apple,credit,infrastructure,providers) [inferred]
(pay-later,providers,watershed) [inferred]
(credit,pay-later,wells_fargo) [inferred]
(apple,credit,experian) [inferred]
(apple,credit,infrastructure,pay-later) [inferred]
(apple,credit,start) [inferred]
(apple,credit,infrastructure) [inferred]

WIP - Back to HLA

Far from joining Apple, however, pay-later providers appear to be exploring a system outside the traditional credit reporting infrastructure. ...
High Level Abstractions:

(pay-later,providers,infrastructure)
(credit,pay-later,providers,infrastructure)
(credit,apple,infrastructure)
(pay-later,providers,apple,infrastructure)
(credit,providers,infrastructure)
(credit,apple,providers,infrastructure)
(industry,providers,infrastructure)
Inferred entity relationships (12)
(pay-later,providers,watershed) [inferred]
(credit,infrastructure,qlarifi) [inferred]
(apple,credit,experian) [inferred]
(credit,infrastructure,providers) [inferred]
(apple,credit,infrastructure,pay-later) [inferred]
(apple,credit,infrastructure,providers) [inferred]
(infrastructure,pay-later,providers) [inferred]
(apple,credit,pay-later,providers) [inferred]
(apple,credit,start) [inferred]
(credit,infrastructure,pay-later,providers) [inferred]
(apple,infrastructure,pay-later) [inferred]
(apple,credit,infrastructure) [inferred]

WIP - Back to HLA

Existing scoring models penalize borrowers who take out many loans in a short period. That could be a problem for the pay-later industry because, unlike credit card purchases, each pay-later transaction is treated as a loan ...
High Level Abstractions:

(credit,industry,models)
(credit,pay-later,models)
(credit,pay-later,loan)
(credit,pay-later,industry,models)
(credit,pay-later,industry,loan)
(credit,industry,loan)
Inferred entity relationships (7)
(credit,industry,providers) [inferred]
(credit,industry,loan,pay-later) [inferred]
(credit,industry,models) [inferred]
(credit,industry,loan) [inferred]
(credit,industry,models,pay-later) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,industry,qlarifi) [inferred]

WIP - Back to HLA

But economists at Wells Fargo warned last year that "phantom debt" from pay-later loans "could create substantial problems for the consumer and the broader economy." ...
High Level Abstractions:

(credit,pay-later,wells_fargo)

WIP - Back to HLA

Those bureaus compile the data and provide it to lenders and consumers, and also to companies like FICO and VantageScore, which use it to produce credit scores. ...
High Level Abstractions:

(credit,transunion,vantagescore)
(industry,consumers,fico)
(pay-later,industry,consumers,vantagescore)
(credit,consumers,fico)
(industry,consumers,credit,vantagescore)
(credit,transunion,fico)
(credit,consumers,vantagescore)
(industry,consumers,credit,fico)
(pay-later,industry,consumers,fico)
(pay-later,consumers,vantagescore)
(pay-later,industry,consumers,credit)
(industry,consumers,vantagescore)
Inferred entity relationships (40)
(consumers,credit,vantagescore) [inferred]
(consumers,pay-later,ted_rossman) [inferred]
(consumers,credit,industry,vantagescore) [inferred]
(consumers,credit,industry,pay-later) [inferred]
(industry,pay-later,start) [inferred]
(consumers,credit,economy,industry) [inferred]
(consumers,industry,providers) [inferred]
(consumers,industry,start) [inferred]
(consumers,industry,judge) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,vantagescore) [inferred]
(industry,pay-later,vantagescore) [inferred]
(consumers,credit,fico) [inferred]
(consumers,credit,start) [inferred]
(consumers,credit,fico,industry) [inferred]
(consumers,industry,ted_rossman) [inferred]
(credit,fico,transunion) [inferred]
(consumers,credit,judge) [inferred]
(consumers,fico,industry,pay-later) [inferred]
(consumers,credit,transunion) [inferred]
(credit,industry,providers) [inferred]
(credit,industry,loan,pay-later) [inferred]
(consumers,industry,vantagescore) [inferred]
(consumers,industry,pay-later,providers) [inferred]
(credit,industry,loan) [inferred]
(consumers,credit,industry,start) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,industry,qlarifi) [inferred]
(consumers,pay-later,providers) [inferred]
(industry,pay-later,providers) [inferred]
(industry,pay-later,retail) [inferred]
(consumers,credit,mortgage) [inferred]
(consumers,industry,pay-later,vantagescore) [inferred]
(consumers,industry,pay-later,ted_rossman) [inferred]
(consumers,credit,industry,judge) [inferred]
(consumers,credit,information) [inferred]
(consumers,fico,industry) [inferred]
(credit,industry,models) [inferred]
(credit,industry,models,pay-later) [inferred]

WIP - Back to HLA

Financial institutions - banks, mortgage brokers, auto lenders and others - report information on loans to three major credit bureaus: Equifax, Experian and TransUnion. Those bureaus compile the data and provide it to lenders and consumers, and also to companies like FICO and VantageScore, which use it to produce credit scores ...
High Level Abstractions:

(credit,consumers,transunion)
(credit,transunion,equifax)
Inferred entity relationships (13)
(consumers,credit,vantagescore) [inferred]
(consumers,credit,judge) [inferred]
(consumers,credit,mortgage) [inferred]
(consumers,credit,industry,judge) [inferred]
(consumers,credit,information) [inferred]
(consumers,credit,industry,vantagescore) [inferred]
(credit,transunion,vantagescore) [inferred]
(consumers,credit,industry,pay-later) [inferred]
(consumers,credit,fico) [inferred]
(consumers,credit,economy,industry) [inferred]
(consumers,credit,start) [inferred]
(consumers,credit,fico,industry) [inferred]
(consumers,credit,industry,start) [inferred]

WIP - Back to HLA

But if the economy slows and more consumers start falling behind on payments, lenders might decide they need to join the credit reporting system to judge borrowers'reliability ...
High Level Abstractions:

(credit,start,economy)
(credit,consumers,start)
(industry,consumers,credit,economy)
(industry,consumers,start)
(industry,consumers,credit,start)
Inferred entity relationships (29)
(consumers,credit,vantagescore) [inferred]
(consumers,industry,ted_rossman) [inferred]
(consumers,credit,judge) [inferred]
(consumers,credit,transunion) [inferred]
(credit,industry,providers) [inferred]
(credit,industry,loan,pay-later) [inferred]
(consumers,credit,industry,vantagescore) [inferred]
(consumers,industry,vantagescore) [inferred]
(consumers,credit,industry,pay-later) [inferred]
(consumers,industry,pay-later,providers) [inferred]
(consumers,credit,economy,industry) [inferred]
(credit,industry,loan) [inferred]
(consumers,credit,industry,start) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,industry,qlarifi) [inferred]
(credit,economy,start) [inferred]
(consumers,industry,providers) [inferred]
(consumers,industry,judge) [inferred]
(consumers,credit,mortgage) [inferred]
(consumers,industry,pay-later,vantagescore) [inferred]
(consumers,industry,pay-later,ted_rossman) [inferred]
(consumers,credit,industry,judge) [inferred]
(consumers,credit,information) [inferred]
(credit,industry,models) [inferred]
(industry,start,ted_rossman) [inferred]
(consumers,credit,fico) [inferred]
(consumers,credit,start) [inferred]
(consumers,credit,fico,industry) [inferred]
(credit,industry,models,pay-later) [inferred]

WIP - Back to HLA

Financial institutions - banks, mortgage brokers, auto lenders and others - report information on loans to three major credit bureaus: Equifax, Experian and TransUnion ...
High Level Abstractions:

(credit,consumers,information)
(credit,transunion,information)
(credit,transunion,mortgage)
(credit,consumers,mortgage)
Inferred entity relationships (15)
(consumers,credit,vantagescore) [inferred]
(credit,mortgage,transunion) [inferred]
(consumers,credit,judge) [inferred]
(consumers,credit,mortgage) [inferred]
(credit,information,transunion) [inferred]
(consumers,credit,transunion) [inferred]
(consumers,credit,industry,judge) [inferred]
(consumers,credit,information) [inferred]
(consumers,credit,industry,vantagescore) [inferred]
(consumers,credit,industry,pay-later) [inferred]
(consumers,credit,fico) [inferred]
(consumers,credit,economy,industry) [inferred]
(consumers,credit,start) [inferred]
(consumers,credit,fico,industry) [inferred]
(consumers,credit,industry,start) [inferred]

WIP - Back to HLA

But if the economy slows and more consumers start falling behind on payments, lenders might decide they need to join the credit reporting system to judge borrowers'reliability. ...
High Level Abstractions:

(credit,consumers,judge)
(industry,consumers,judge)
(industry,consumers,credit,judge)
(credit,start,judge)
(industry,start,judge)
Inferred entity relationships (29)
(consumers,credit,vantagescore) [inferred]
(consumers,industry,ted_rossman) [inferred]
(consumers,credit,judge) [inferred]
(consumers,credit,transunion) [inferred]
(credit,industry,providers) [inferred]
(credit,industry,loan,pay-later) [inferred]
(consumers,credit,industry,vantagescore) [inferred]
(consumers,industry,vantagescore) [inferred]
(consumers,credit,industry,pay-later) [inferred]
(consumers,industry,pay-later,providers) [inferred]
(consumers,credit,economy,industry) [inferred]
(credit,industry,loan) [inferred]
(consumers,credit,industry,start) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,industry,qlarifi) [inferred]
(consumers,industry,providers) [inferred]
(consumers,industry,start) [inferred]
(consumers,credit,mortgage) [inferred]
(consumers,industry,pay-later,vantagescore) [inferred]
(consumers,industry,pay-later,ted_rossman) [inferred]
(consumers,credit,industry,judge) [inferred]
(consumers,credit,information) [inferred]
(credit,judge,start) [inferred]
(industry,judge,start) [inferred]
(credit,industry,models) [inferred]
(consumers,credit,fico) [inferred]
(consumers,credit,start) [inferred]
(consumers,credit,fico,industry) [inferred]
(credit,industry,models,pay-later) [inferred]

WIP - Back to HLA

Far from joining Apple, however, pay-later providers appear to be exploring a system outside the traditional credit reporting infrastructure. Last year, two former industry executives founded Qlarifi, a data-aggregation platform specifically for pay-later loans. ...
High Level Abstractions:

(credit,infrastructure,qlarifi)
(credit,industry,qlarifi)
(credit,infrastructure,data-aggregation)
(credit,industry,data-aggregation)
Inferred entity relationships (10)
(credit,infrastructure,providers) [inferred]
(credit,industry,providers) [inferred]
(credit,data-aggregation,industry) [inferred]
(credit,industry,loan,pay-later) [inferred]
(credit,industry,models) [inferred]
(credit,infrastructure,pay-later,providers) [inferred]
(credit,industry,loan) [inferred]
(credit,industry,models,pay-later) [inferred]
(credit,industry,infrastructure) [inferred]
(credit,data-aggregation,infrastructure) [inferred]

WIP - Back to HLA

Far from joining Apple, however, pay-later providers appear to be exploring a system outside the traditional credit reporting infrastructure. Last year, two former industry executives founded Qlarifi, a data-aggregation platform specifically for pay-later loans ...
High Level Abstractions:

(credit,industry,infrastructure)
Inferred entity relationships (7)
(credit,industry,loan,pay-later) [inferred]
(industry,infrastructure,providers) [inferred]
(credit,industry,models) [inferred]
(credit,industry,loan) [inferred]
(credit,industry,models,pay-later) [inferred]
(credit,industry,providers) [inferred]
(credit,industry,qlarifi) [inferred]

WIP - Back to HLA

So in February, when Apple announced it would start reporting loans made through its Apple Pay Later program to Experian, one of the three major U.S ...
High Level Abstractions:

(credit,apple,start)
Inferred entity relationships (5)
(apple,credit,infrastructure,providers) [inferred]
(apple,credit,pay-later,providers) [inferred]
(apple,credit,experian) [inferred]
(apple,credit,infrastructure,pay-later) [inferred]
(apple,credit,infrastructure) [inferred]

WIP - Back to HLA

So in February, when Apple announced it would start reporting loans made through its Apple Pay Later program to Experian, one of the three major U.S. ...
High Level Abstractions:

(credit,start,apple_pay_later)
(credit,apple,experian)
(credit,start,experian)
(credit,apple,apple_pay_later)
Inferred entity relationships (8)
(apple_pay_later,credit,start) [inferred]
(credit,experian,start) [inferred]
(apple,credit,infrastructure,pay-later) [inferred]
(apple,credit,infrastructure,providers) [inferred]
(credit,experian,transunion) [inferred]
(apple,credit,pay-later,providers) [inferred]
(apple,credit,start) [inferred]
(apple,credit,infrastructure) [inferred]

WIP - Back to HLA

Firms like Experian and TransUnion say it is time for "buy now, pay later" loans to appear on consumer credit reports ...
High Level Abstractions:

(credit,transunion,experian)
Inferred entity relationships (1)
(credit,experian,start) [inferred]

WIP - Back to HLA

Pay-later providers may not feel much pressure to begin reporting because their business is growing and most consumers are making their payments, said Ted Rossman, senior industry analyst at Bankrate. ...
High Level Abstractions:

(industry,consumers,ted_rossman)
(industry,providers,ted_rossman)
(pay-later,industry,ted_rossman)
(industry,providers,analyst)
(pay-later,industry,consumers,ted_rossman)
(pay-later,consumers,ted_rossman)
(pay-later,industry,consumers,analyst)
Inferred entity relationships (19)
(consumers,industry,ted_rossman) [inferred]
(consumers,industry,vantagescore) [inferred]
(consumers,industry,pay-later,providers) [inferred]
(industry,pay-later,start) [inferred]
(consumers,pay-later,providers) [inferred]
(industry,pay-later,providers) [inferred]
(industry,providers,start) [inferred]
(consumers,industry,providers) [inferred]
(consumers,industry,start) [inferred]
(industry,pay-later,retail) [inferred]
(consumers,industry,judge) [inferred]
(consumers,industry,pay-later,vantagescore) [inferred]
(consumers,pay-later,vantagescore) [inferred]
(consumers,industry,pay-later,ted_rossman) [inferred]
(industry,providers,ted_rossman) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,pay-later,vantagescore) [inferred]
(industry,ted_rossman) [inferred]

WIP - Back to HLA

Pay-later providers may not feel much pressure to begin reporting because their business is growing and most consumers are making their payments, said Ted Rossman, senior industry analyst at Bankrate ...
High Level Abstractions:

(pay-later,industry,consumers,providers)
(pay-later,consumers,providers)
(industry,start,providers)
(industry,consumers,providers)
(pay-later,industry,providers)
Inferred entity relationships (19)
(consumers,industry,ted_rossman) [inferred]
(consumers,pay-later,ted_rossman) [inferred]
(consumers,industry,vantagescore) [inferred]
(consumers,industry,pay-later,providers) [inferred]
(industry,pay-later,start) [inferred]
(industry,pay-later,providers) [inferred]
(industry,providers,start) [inferred]
(pay-later,providers,watershed) [inferred]
(consumers,industry,providers) [inferred]
(consumers,industry,start) [inferred]
(industry,pay-later,retail) [inferred]
(consumers,industry,judge) [inferred]
(consumers,industry,pay-later,vantagescore) [inferred]
(consumers,pay-later,vantagescore) [inferred]
(consumers,industry,pay-later,ted_rossman) [inferred]
(industry,providers,ted_rossman) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,pay-later,vantagescore) [inferred]

WIP - Back to HLA

Those bureaus compile the data and provide it to lenders and consumers, and also to companies like FICO and VantageScore, which use it to produce credit scores.. . The major credit bureaus say they addressed the pay-later industry's concerns more than two years ago when they created a category for the loans ...
High Level Abstractions:

(pay-later,industry,vantagescore)
(industry,vantagescore)
Inferred entity relationships (5)
(industry,pay-later,providers) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,pay-later,retail) [inferred]
(industry,pay-later,start) [inferred]

WIP - Back to HLA

The rapid growth has continued: The retail industry attributed its record-setting holiday sales in part to the popularity of pay-later products ...
High Level Abstractions:

(pay-later,industry,retail)
(pay-later,industry,record-setting)
Inferred entity relationships (6)
(industry,pay-later,providers) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,pay-later,retail) [inferred]
(industry,pay-later,start) [inferred]
(industry,pay-later,vantagescore) [inferred]

WIP - Back to HLA

Sykes of Klarna is an investor.). . Alex Naughton, who left Klarna last year to help found Qlarifi and is now its chief executive, portrays the company as a nimble, more tech-savvy credit-reporting approach ...
High Level Abstractions:

(pay-later,klarna,qlarifi)
(pay-later,qlarifi)
Inferred entity relationships (3)
(klarna,pay-later,tech-savvy) [inferred]
(klarna,pay-later,portrays) [inferred]
(pay-later,qlarifi) [inferred]

WIP - Back to HLA

credit bureaus, it looked like a watershed moment for the fast-growing "buy now, pay later" category. ...
High Level Abstractions:

(pay-later,providers,watershed)
(pay-later,apple,watershed)
(pay-later,providers,apple,watershed)
Inferred entity relationships (3)
(apple,pay-later,providers,watershed) [inferred]
(apple,pay-later,watershed) [inferred]
(pay-later,providers,watershed) [inferred]

WIP - Back to HLA

credit bureaus, it looked like a watershed moment for the fast-growing "buy now, pay later" category.. . But none of the other major pay-later providers have followed Apple's lead ...
High Level Abstractions:

(pay-later,apple,fast-growing)
(pay-later,providers,fast-growing)
(pay-later,providers,apple,fast-growing)
Inferred entity relationships (4)
(pay-later,providers,watershed) [inferred]
(apple,fast-growing,pay-later) [inferred]
(fast-growing,pay-later,providers) [inferred]
(apple,fast-growing,pay-later,providers) [inferred]

WIP - Back to HLA

Alex Naughton, who left Klarna last year to help found Qlarifi and is now its chief executive, portrays the company as a nimble, more tech-savvy credit-reporting approach. ...
High Level Abstractions:

(pay-later,klarna,tech-savvy)
Inferred entity relationships (2)
(klarna,pay-later,portrays) [inferred]
(klarna,pay-later,qlarifi) [inferred]

WIP - Back to HLA

Alex Naughton, who left Klarna last year to help found Qlarifi and is now its chief executive, portrays the company as a nimble, more tech-savvy credit-reporting approach ...
High Level Abstractions:

(pay-later,klarna,portrays)
(pay-later,klarna,executive)
Inferred entity relationships (3)
(klarna,pay-later,tech-savvy) [inferred]
(klarna,pay-later,portrays) [inferred]
(klarna,pay-later,qlarifi) [inferred]

WIP - Back to HLA

Last year, two former industry executives founded Qlarifi, a data-aggregation platform specifically for pay-later loans. (Mr. Sykes of Klarna is an investor.). . Alex Naughton, who left Klarna last year to help found Qlarifi and is now its chief executive, portrays the company as a nimble, more tech-savvy credit-reporting approach ...
High Level Abstractions:

(pay-later,klarna,naughton)

WIP - Back to HLA

"Buy now, pay later" loans allow consumers to pay for purchases over time, often in four installments over six weeks, interest free. ...
High Level Abstractions:

(pay-later,klarna,installments)
(pay-later,consumers,interest)
(pay-later,klarna,interest)
(pay-later,consumers,installments)
Inferred entity relationships (3)
(klarna,pay-later,tech-savvy) [inferred]
(klarna,pay-later,portrays) [inferred]
(klarna,pay-later,qlarifi) [inferred]

WIP - Back to HLA

"I haven't seen really meaningful progress," said David Sykes, chief commercial officer of Klarna, one of the largest pay-later firms.. . "Buy now, pay later" loans allow consumers to pay for purchases over time, often in four installments over six weeks, interest free ...
High Level Abstractions:

(pay-later,consumers,klarna)
Inferred entity relationships (3)
(klarna,pay-later,tech-savvy) [inferred]
(klarna,pay-later,portrays) [inferred]
(klarna,pay-later,qlarifi) [inferred]

WIP - Back to HLA

Ultimately, industry experts said, it will probably boil down to one of two things: Either regulators will force pay-later firms to start reporting or market forces will. ...
High Level Abstractions:

(industry,start,pay-later)
(industry,start,market)
Inferred entity relationships (5)
(industry,pay-later,providers) [inferred]
(industry,pay-later,record-setting) [inferred]
(industry,pay-later,ted_rossman) [inferred]
(industry,pay-later,retail) [inferred]
(industry,pay-later,vantagescore) [inferred]

WIP - Back to HLA

Pay-later providers may not feel much pressure to begin reporting because their business is growing and most consumers are making their payments, said Ted Rossman, senior industry analyst at Bankrate. But if the economy slows and more consumers start falling behind on payments, lenders might decide they need to join the credit reporting system to judge borrowers'reliability ...
High Level Abstractions:

(industry,start,ted_rossman)
(industry,ted_rossman)

WIP - Back to HLA

Ultimately, industry experts said, it will probably boil down to one of two things: Either regulators will force pay-later firms to start reporting or market forces will ...
High Level Abstractions:

(industry,start,regulators)

WIP - Back to HLA

They surged in popularity during the pandemic, when they helped fuel an online-shopping boom. The rapid growth has continued: The retail industry attributed its record-setting holiday sales in part to the popularity of pay-later products ...
High Level Abstractions:

(industry,retail)

Semantics Relevance

'Pay Later'Lenders Have an Issue With Credit Bureaus