Category: Insights

To protect consumers from high-cost, unfair, deceptive, and discriminatory practices, FlexWage recommends five crucial recommendations for EWA regulators.   First, lawmakers must ensure that EWA solutions are employer-based instead of direct… Continued

The GAO Fintech Study — Insights and Commentary  The US Government Accountability Office (GAO) recently released its 2023 Financial Technology Study titled, “Product Have Benefits and Risks to Underserved Consumers, and Regulatory Clarit… Continued

Recent US bank collapses highlight similar risks incurred by sending your employee payroll funds to a 3rd-party Earned Wage Access (EWA) vendor to deduct any EWA transfers and fees and pay your employees accurately and on time. These payroll-interc… Continued

Estimated reading time: 3 minutes Image: Woman holding mobile phone with FlexWage OnDemand Pay application on the screen. Increasing Regulatory Scrutiny Growth in the Earned Wage Access industry has increased regulatory scrutiny from Feder… Continued

Estimated reading time: 3 minutes Image: 2023 EWA Regulation Forecast As we review 2022 and look forward to the new year, our team at FlexWage put together seven 2023 regulation forecasts for the earned wage access industry.   What is … Continued

Estimated reading time: 6 minutes Image: 2022 in review The following is a chronological outline of regulatory compliance impacting the Earned Wage Access (EWA) Industry in 2022. The US EWA industry has been growing in popularity for more … Continued

Estimated reading time: 4. 5 minutes Milestone opinion from Kansas OSBC states that FlexWage and its EWA clients are not subject to Kansas lending or money transmissions laws. Continued