Interesting I wouldn't think this would affect Zip with its algos to detect fraud and comprehensive credit checks
"The Zip share price has fallen 3% to $5.72. A number of buy now pay later providers are falling today.
This could be due to reports in the United States which suggest that fraud is rising in the industry. An investigation apparently shows that criminals are exploiting weaknesses in the application process for BNPL loans and stealing items.
Investors may be worried what impact this will have on margins."
fool . com . au
https://www.********.au/2021/11/19/why-magnis-nanosonics-wisetech-and-zip-shares-are-dropping/
https://www.cnbc.com/2021/11/18/criminals-exploit-buy-now-pay-later-services-like-klarna-and-afterpay.html
Daily Price Movement / General Discussion, page-37848
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$2.31 |
Change
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Mkt cap ! $3.015B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.41 | $2.30 | $28.87M | 12.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 223142 | $2.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 101520 | 1 |
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