Governor Laura Kelly's recent signing of Kansas House Bill 2560 into law shows increasing bipartisan support for licensing the earned wage access (EWA) industry and safeguarding workers’ access to the service. The new law…
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/ Labor & Employment Law, Finance & Banking, Consumer Protection
Currently, more than 60% of Americans are living paycheck-to-paycheck. And for the average American household, emergency expenses don’t always align perfectly with the typical biweekly payday.
This financial strain leads…
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/ Labor & Employment Law, Finance & Banking, Law Practice Products & Services
Today, most Americans are unable to afford a $500 emergency expense. For individuals living paycheck-to-paycheck, encountering an unplanned expense–like a car repair or medical bill–can drive them to overdraft their bank…
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/ Labor & Employment Law, Law Practice Products & Services
Paying bills on time is still a monumental task for millions of working Americans. The latest research shows that about six in 10 Americans are living paycheck to paycheck; thus an unexpected bill could send someone into a…
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/ Labor & Employment Law, Law Practice Products & Services
In 1965, the country was at an inflection point: there had been nearly a decade of important civil rights activism culminating in the Voting Rights Act, the World's Fair came to Queens, and the popularity of unions was at a…
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/ Finance & Banking, Labor & Employment Law, Law Practice Products & Services
One of the more understandable reactions to programs allowing people access to their earned pay on demand, rather than waiting for the scheduled payday, is the contention that there will be rampant abuse of the benefit.
The…
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/ Finance & Banking, Labor & Employment Law, Law Practice Products & Services
One of the biggest developments in payroll in recent years is the rise of “on-demand pay”, also often called “earned wage access”. Earned wage access programs, which are built on the premise that workers should have access to…
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/ Labor & Employment Law
Employees increasingly are able to access earned pay on their demand, between pay cycles, when their employees work with on-demand pay (also known as earned wage access, or EWA) providers. Today, with inflation at a 40-year…
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/ Labor & Employment Law
As Black History Month comes to a close, the relationships between the history of race, poverty, affordable financial services, and modern American life are hard to ignore. Over the past two years, surviving a pandemic has…
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/ Finance & Banking, Law Practice Products & Services
You know we have a serious economic justice problem in this country when the poorest Americans are paying $8 billion in overdraft fees in $35 increments to the nation’s largest banks. But that’s exactly what happened in 2020 and…
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/ Finance & Banking
Earned wage access (EWA) is the fastest growing employee benefits category, increasingly offered by forward-thinking employers looking to assist in creating a more financially secure workforce. The technology, typically powered…
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/ Labor & Employment Law, Finance & Banking, Science, Computers, & Technology
There has been much discussion of on-demand payroll (often called earned wage access) as it has exploded in popularity in recent years. The technology, which allows employers to “virtualize” the payroll process, and run payroll…
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/ Labor & Employment Law, Finance & Banking, Science, Computers, & Technology
Over the past few years, earned wage access (EWA) has exploded in popularity because it’s good for workers’ financial health and stability. Financially healthy workers are less stressed, stay at work longer, and perform better,…
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/ Elections & Politics, Finance & Banking, Labor & Employment Law, Science, Computers, & Technology
Earned Wage Access (EWA), also called on-demand pay or real-time payroll, is an exciting new employee benefit and payroll technology. Historically, payroll is run infrequently by employers because it is costly and…
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/ Finance & Banking, Labor & Employment Law, Science, Computers, & Technology
If I told you I was going to give you money now and forcibly take it back from you a few days from now, that is a loan. If you paid me a fee for this, you’d probably presume this to be interest on your loan. But what if instead…
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/ Finance & Banking
