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Earned Wage Access Consumer Financial Products Registration Requirement

Goodwin

Utah Becomes Seventh State to Enact Law Regulating Earned Wage Access Services

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Utah has become the seventh state (and the second in 2025) to enact a law that establishes a financial services oversight regime for earned wage access services, also known as on-demand pay services, which allow workers to...more

BCLP

California Requires Consumer Finance Providers to Register by February 15

BCLP on

The California Department of Financial Protection and Innovation (“DFPI”) announced new requirements pursuant to the California Consumer Financial Protection Law (“CCFPL”) for registration of certain consumer financial...more

Goodwin

South Carolina Becomes Fifth State to Enact Law Regulating Earned Wage Access Services

Goodwin on

South Carolina has become the fifth state (and the third in 2024) to enact a law that establishes a financial services oversight regime for earned wage access services, also known as on-demand pay services, which allow...more

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