Category: Earned Wage Access

A clear understanding of who is responsible for EWA within your business will ensure the success of this important voluntary financial wellness benefit. This article explores primary elements to consider when determining responsibility for Earne… Continued

For many hard-working individuals, managing finances between paychecks can be stressful. When life's unexpected expenses arise, waiting for payday can feel like an impossible stretch. Continued

The Consumer Financial Protection Bureau (CFPB) recently proposed an Interpretive Rule regarding Earned Wage Access (EWA) programs. The rule is still in the comment phase of the process. Continued

As an HR leader, understanding financial tools that support your employees’ financial well-being is crucial. Two tools—Earned Wage Access (EWA) and payday loans—offer different benefits and risks. Continued

A "Covered EWA Program" was defined by the Consumer Financial Protection Bureau (CFPB) in their advisory opinion, "Truth in Lending (Regulation Z); Earned Wage Access Programs. " A Covered EWA Program must meet seven critical criteria. Continued

The following 112 power financial wellness statistics from 2023 support your company’s decision to add Earned Wage Access (EWA) financial wellness programs to your HR benefits suite. Estimated Reading Time: 13 minutes Image: Pink piggy bank… Continued

New state Earned Wage Access (EWA) legislation can and must do more to protect the users of EWA. Estimated reading time: 6 min Image: An illustration of a crack in cement that breaks the word trust into two parts. Continued

Selecting the best Earned Wage Access (EWA) benefit provider is a critical decision with far-reaching implications. Estimated reading time: 5 min Image: Question mark emblazoned in fire above a man’s outstretched hand. Continued

The OnDemand Pay patent is an innovation created by Frank Dombroski. The original patent for the Earned Wage Access (EWA) industry, OnDemand Pay, was designed to help employees navigate financial hardships through flexible pay options. Continued

This article contrasts and compares the recent EWA state legislation to the Federal guidelines provided by the Consumer Financial Protection Bureau (CFPB).   Estimated reading time: 10 min Image: A bridge with a divide in the center a lin… Continued