TOKYO -- The banking arm of the 7-Eleven chain in Japan will start using purchase histories as a factor in determining approval for people seeking small loans, a move it says will help gig economy workers and others who lack a steady flow of income.
Data from 7-Elevens and other stores seen raising gig workers' chances of approval
People can apply for small, unsecured loans at Seven Bank ATMs.
TOKYO -- The banking arm of the 7-Eleven chain in Japan will start using purchase histories as a factor in determining approval for people seeking small loans, a move it says will help gig economy workers and others who lack a steady flow of income.