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Fintechs Action Towards Payday Alternatives Where Banking Institutions Fear to Tread

Fintechs Action Towards Payday Alternatives Where Banking Institutions Fear to Tread With banks sluggish to supply customers alternatives to pay day loans despite support from regulators, a tiny but growing band of non-bank loan providers is dealing with U.S. companies to supply small-dollar financing associated with wages. United Method started offering the working platform of Salary Finance, running when you look at the U.K. since 2015, to its workers in and is connecting it with some of the Fortune 500 companies...

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