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Wal-Mart Will Enable Workers to Have Early Access to cover

Employees restock racks at a Wal-Mart Stores Inc. location in Burbank, Calif.

Wal-Mart Stores Inc., working together with two financial-technology startups, enables its 1.5 million-strong U.S. workforce to draw on the salary ahead of payday — or squirrel several of it away for the day that is rainy.

The world’s biggest store has revealed financial-planning tools created by Even accountable Finance Inc. and PayActiv Inc., a move that lets its employees access obtained wages ahead of planned paychecks and prevent bounced checks or payday lenders. Continue reading