Employers: The Other Payday Lender

Originally published at pymnts.com July 8, 2016 The payday lending market is at a bit of a crossroads as regulators flex their regulatory muscles and look to establish new rules for the payday lending industry. While much has been written — on these pages and beyond — about that debate, there are three universal truths […]

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New Payday Options for Making Ends Meet

Originally published at nytimes.com by STACY COWLEY JULY 4, 2016 For decades, most American companies have paid their workers once every week or two, minimizing the administrative costs of frequent paydays and maximizing the interest the companies earn by keeping the money in the bank. And for equally long, workers have complained about the unfairness […]

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FlexWage offers creative alternative to payday loans

Originally published at banklesstimes.com by TONY ZERUCHA August 30, 2015 We have all been there. The car breaks down. Or the roof leaks. Maybe your teenager does something stupid and costly. Murphy’s Law being what it is, such pleasant surprises do not often happen on payday or just before. They often come in the middle […]

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Sarah Westall Interviews Frank Dombroski: Business Game Changers

Originally published at webtalkradio.net by Sarah Westall November 10, 2014 … This week’s Gear up for 2015 segment features FlexWage, a company that has a patented solution for providing employee pay on a daily basis. It has shown to significantly reduce payday loans and other alternative financing options that many people with cash flow issues […]

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Can Reengineering the Pay Cycle Disrupt Payday Lending?

American Banker

Originally published at americanbanker.com by MARY WISNIEWSKI AUG 14, 2014 1:58pm ET A couple of young companies are marketing a new employee benefit that serves the same purpose as a payday loan but costs the consumer less. In so doing, they are shaking up the traditional pay cycle: People can address immediate funding needs by […]

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