Financial services specifically for the financially unstable

Despite the plethora of financial services and products on the market nowadays, there is a lack of such services and products designed especially for the low-wage population. Approximately 30% of the U.S. working population engage in low-wage work, and many of them lead a paycheck-to-paycheck lifestyle.
People Impacted
$ 442B
Potential Funding
I have this challenge
the problem
Nature and Context

Financial planning advice needs to explicitly address financial instability. Instituting a system of data mining techniques on small-scale transactions data to improve automatic and personalized financial planning advice to low-wage workers and using robust methods for accurate prediction of bank account balances and automatic extraction of recurring transactions and unexpected large expenses could help these paycheck-to-paycheck workers.

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