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In the Nick of Time: The Rise of Earned Wage Access

Author

Listed:
  • Julian Alcazar
  • Terri Bradford

Abstract

Fintech programs that provide employees access to earned wages ahead of payday have gained popularity during the COVID-19 pandemic. Although consumers benefit from greater financial flexibility, such programs may involve risks.

Suggested Citation

  • Julian Alcazar & Terri Bradford, 2020. "In the Nick of Time: The Rise of Earned Wage Access," Payments System Research Briefing, Federal Reserve Bank of Kansas City, pages 1-5, September.
    • Handle: RePEc:fip:fedkpb:88764
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    References listed on IDEAS

    as
    1. Jesse Leigh Maniff & Paul Wong, 2020. "Comparing Means of Payment: What Role for a Central Bank Digital Currency?," FEDS Notes 2020-08-13-2, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

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