FlexWage Solutions is a financial services company dedicated to improving financial access and well-being for the unbanked and underbanked populations, benefiting workers, employers, and their surrounding communities. The company offers WageBank, a disruptive financial empowerment solution that connects with employer HR and payroll systems to provide employees with access to accrued wages, eliminating financial and psychological hardships.
Using fintech solutions can help reduce employee turnover in modern companies. These top fintech solutions started trending after the ‘Great Resignation’ trend.
New guidance from the Consumer Financial Protection Bureau shows how companies that offer workers early access to their wages can avoid being regulated as lenders. …
The move comes as the fintech tries to shake off criticism that its main products are payday loans by another name.
Everyone seems to want faster payments — from gig workers to B2B suppliers to parents splitting expenses — but with not all major financial institutions …
The Earnin app appears designed to look like other early wage access programs, but critics say it’s actually a payday lender and New York regulators …
Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?
While the regulators are circling the payday lending wagons, the demand for those products still exists. Employer-driven programs are emerging as options.