CFPBs New Advisory Opinion
The CFPB has published an updated Advisory Opinion on earned wage access programs.
Our assessment aligns significantly with that of the Womble Bond Dickson analysis. Continued
Category: Financial Wellness
How does ODP help employees on a daily basis?
Most individuals have experienced financial struggles at some point in their lives. For many, it is a way of life. Continued
FlexWage helps employees in times of financial need.
For employers, it’s especially important to take extra measures to care for your employees during the Coronavirus pandemic.
Families are struggling due to the economic disruption brought by the pandemic. Continued
What is OnDemand Pay?
OnDemand Pay is a voluntary benefit from FlexWage that allows your employees early access to their pay to avoid expensive borrowing and overdraft fees when they need cash. It gives your employees more control over accessing their pay when they need… Continued
Visa Partners with FlexWage to Expand the EWA Market
For many people, waiting for payday can cause great stress, a situation only made worse in today’s environment. Hourly workers on the front line are among those most heavily impacted by the pandemic, including those stocking shelves, supporting l… Continued
Sum180 Lesson 1 Special Covid-19 Session: Getting Where You Want To Be In These Uncertain Times
Getting closer to your financial goals is about two things: creating savings and managing those savings in ways that grow your overall financial picture. This Special Session Lesson 1 covered the basics of how your #msoo - What you make; What you s… Continued
Fiserv Publishes FlexWage Case Study
FlexWage partner, Fiserv, published a new case study highlighting this new partnership.
According to Fiserv, "On-demand wage payments can be a game-changer when workers face unexpected life events, such as a car repair or medical expense. Continued
A New Boon for Financial Wellness: Early Wage Access
As published in Employee Business News, July 16, 2019
Early wage access is one way employers are helping workers better manage their expenses and avoid short- and long-term borrowing — like payday loans or dipping into retirement savings for an… Continued
Unlocking Productivity and Engagement through Early Wage Access
Originally posted on the Reflexis blog.
After years of experimentation, the jury is in on financial wellness for employees. Continued
Design a Successful Financial Wellness Program
More and more employers come to recognize the value of financial wellness programs in terms of employee wellbeing and productivity. With the importance of financial wellness in the workplace now generally acknowledged, the question employers and fi… Continued