Pay-Access Apps Face Regulatory Test

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Pay-Access Apps Face Regulatory Test
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Regulators are investigating financial apps that give workers early access to their pay

WASHINGTON—A growing industry of financial apps that allow workers to access their pay early is drawing scrutiny from regulators to prove they are different from payday lenders.

Several startups have launched services to provide workers with small payments, ranging in size from pocket change to several hundred dollars, to be paid back on...

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