The traditional two-week pay cycle hasn't always lined up with people's financial needs, and that became especially clear during the coronavirus pandemic. One solution, which companies like Branch provide, is earned wage access, which pays employees for wages they've earned ahead of the standard payday.
But with the urgency of a pandemic hopefully going away as more people get the COVID vaccine, it's time for Branch and its rivals to look back on what they've learned and where the next opportunities lie. There's also the threat of regulation, as governments around the world worry that product could become predatory.
Host: Michael Moeser, Senior Analyst, PaymentsSource
Guest: Atif Siddiqi, Founder and CEO of Branch