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Earned Wage Trend

Earned Wage Trend

Other styles of salary-linked fintechs are in the increase. PayActiv’s improvements to Wal Mart workers are deducted via an employee’s next paycheck.

“Our ability and agility to seamlessly incorporate into organizations pre-existing systems permits an execution” that banking institutions aren’t able to complete, Ijaz Anwar, PayActiv’s co-founder and chief running officer, told Bloomberg Law by e-mail.

PayActiv has additionally partnered with community banking institutions and credit unions to provide wage improvements to institution’s that are financial, Anwar stated.Read More