Fintechs Action Towards Payday Alternatives Where Banking Institutions Fear to Tread

Fintechs Action Towards Payday Alternatives Where Banking Institutions Fear to Tread

With banks slow to provide customers options to payday advances despite support from regulators, a tiny but growing set of non-bank loan providers is using the services of U.S. companies to supply small-dollar funding linked with wages.

United Method started offering the working platform of Salary Finance, running into the U.K. since 2015, to its workers in October and it is linking it with a few regarding the Fortune 500 organizations the charity has partnered with for many years. Continua a leggere Fintechs Action Towards Payday Alternatives Where Banking Institutions Fear to Tread