Insights Archives — Page 2 of 4 — FlexWage Earned Wage Access

The Great Divide of EWA State Legislation

September 28, 2023

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

Data Accuracy Differentiates EWA From Payday Loans

August 25, 2023

By FlexWage

Data Accuracy Is An EWA Necessity Data accuracy is a core component that sets Earned Wage Access (EWA) apart from all other loan solutions, including payday loans. Estimated reading time: 5 minutes Image: Dartboard with the word “Data”… Continued

EWA At A Crossroads: It Is Time To Demand Better

June 27, 2023

By FlexWage

Earned Wage Access (EWA) is at a crossroads. As EWA increases in popularity, regulators and legislators must clearly and precisely define what EWA is and is not. Continued

Five Crucial Recommendations for EWA Regulators

May 1, 2023

By FlexWage

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

GAO 2023 Fintech Products Study And The Implications for EWA

March 24, 2023

By FlexWage

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

Are You Rolling The Dice With Employee Payroll?

March 16, 2023

By FlexWage

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

Seven-Day Financial Detox

March 3, 2023

By FlexWage

Take the financial detox to help you to flush out bad money habits and adopt healthy ones. Break old money habits with our seven-day financial detox. Continued

Misleading EWA State Payroll Deduction Issues

January 25, 2023

By FlexWage

Misleading EWA state payroll deduction issues are used by some Earned Wage Access (EWA) vendors when promoting their EWA solutions. This article is a part of our EWA Fact Check Series designed to clarify claims and disclose disinformation on regula… Continued

Earned Wage Access Regulatory Scrutiny and Compliance

January 23, 2023

By FlexWage

Updated February 13, 2023 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 (EWA) industry has incre… Continued

7 Regulation Forecasts That Will Shape EWA In 2023

December 28, 2022

By FlexWage

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

Category: Insights