Payments Innovation: Fintech | Innovation | Ecommerce

Accessing Wages Early Without the High-Cost Lending with Frank Dombroski

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Sinopse

In the wake of the sudden COVID-19 economy, we might forget the small-scale financial crises people face every day.  In the huge segment of the workforce living paycheck-to-paycheck, any sudden expense can become a financial crisis.  And until recently, their only option was to start a cycle of debt through expensive short-term loans.   Our guest today, Frank Dombroski, Founder and CEO of FlexWage Solutions, is leading the charge — without the high charges — for an alternative.  His company offers a solution that provides people with early access to earned wages. What we talked about: -The genesis of Flex Wage -Challenges to adoption -Why early wage access appeals to HR and Benefits  To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here.  Until next time! Hosted on Acast. See acast.com/privacy for more information.