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The Rise of ‘Fringetech’: Regulatory Risks at the beginning of Wage Access

Duke University School of Law By many people reports, the monetary technology, or FinTech, sector did actually allow us a forward thinking way to assist low-income employees with earnings shortfalls between standard paydays by displacing fringe financial companies, specifically payday loan providers. Early wage access programs facilitate very early transfers of earned but unpaid wages …

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