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
On March 21, Wisconsin Democrat Governor Tony Evers signed into law the country’s third earned wage access (EWA) bill, which recognizes EWA as a new and innovative financial service by creating a distinct license and...more
4/5/2024
/ Compensation & Benefits ,
Consumer Financial Products ,
Earned Wage Access ,
Financial Institutions ,
Financial Services Industry ,
Late Fees ,
New Legislation ,
Overdraft Fees ,
Popular ,
State and Local Government ,
State Legislatures ,
Wage and Hour ,
Wages ,
Wisconsin
In recent years, earned wage access (EWA) – an innovative technology that enables workers to access their own, already earned wages without having to wait for payday – has rapidly become a table stakes employee benefit. By...more
12/13/2023
/ Business Plans ,
Compensation & Benefits ,
Consumer Financial Products ,
Credit ,
Earned Wage Access ,
Employees ,
Financial Distress ,
Financial Services Industry ,
Labor Reform ,
Late Fees ,
Penalties ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Wage and Hour ,
Wages