Regulators recently announced plans to take a closer look at the early wage access industry, but as demand among the workforce for such FinTech solutions continues to rise, experts are encouraging lawmakers to get on board with a new normal of payroll. In a new...
Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are more affordable — and safer — alternatives for Americans who live paycheck to paycheck, according to The Wall Street Journal. But regulators from...
November 17, 2020
PayPal employees will now be able to tap their earnings long before their paychecks officially hit their accounts in a deal with Even Responsible Finance, a startup founded to provide an alternative to high-cost payday lenders, PayPal announced Tuesday (Nov. 17). Under the agreement, employees of the online payments giant will be able to use […]
September 02, 2019
Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are more affordable — and safer — alternatives for...
