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Overdraft Fees New Legislation Financial Services Industry

Goodwin

Maryland Enacts Law Regulating Earned Wage Access Services

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Maryland has enacted 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 access earned but unpaid income before payday....more

Ballard Spahr LLP

California Gov. Newsom signs array of consumer protection bills

Ballard Spahr LLP on

California Gov. Gavin Newsom has signed legislation covering a range of consumer protection issues. The bills aim to “strengthen protections for consumers, addressing issues that have put financial strain on Californians...more

Payactiv

Democrat Governor Tony Evers Signs Third Earned Wage Access Bill

Payactiv on

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

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