On May 27, 2025, Maryland enacted first-of-its-kind earned wage access (EWA) legislation to ensure Maryland workers are able to retain continued access to this valuable employee benefit. This landmark legislation follows...more
5/28/2025
/ Disclosure Requirements ,
Earned Wage Access ,
Employee Benefits ,
Fees ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Maryland ,
New Legislation ,
Regulatory Requirements ,
Wage and Hour ,
Wages
$23 billion. That’s how much Americans paid in late fees last year. When a payment is only a few days behind, late fees for credit cards, utilities, student loans, and rent pile up. And they have proliferated over the last...more