NAB, BPAY quietly straight back pay day loan killing API

NAB, BPAY quietly straight back pay day loan killing API Earnd overlay solution accesses wages because they accrue. The times of cash-strapped workers being forced to max their bank cards and take out pay day loans at interest levels above 20 per cent could quickly be numbered, all by way of a modest API that pits usage of pay-as-you-earn wages against rapacious lending that is unsecured. In a move that competes straight against profitable charge card interest and interchange costs, NAB and BPAY have quietly supported an application deliberately designed as being a term that is short killer that harnesses use of the New Payments …

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