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Reporting Requirements › Earned Wage Access

McGuireWoods LLP

Indiana, Maryland Become Latest States to Enact Legislation Regulating Earned Wage Access

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Indiana and Maryland join seven other states in enacting laws that specifically regulate earned wage access (EWA) providers. EWA is an on-demand payment product that allows workers to access their wages as they are...more

BCLP

California Requires Consumer Finance Providers to Register by February 15

BCLP on

The California Department of Financial Protection and Innovation (“DFPI”) announced new requirements pursuant to the California Consumer Financial Protection Law (“CCFPL”) for registration of certain consumer financial...more

Goodwin

Nevada Enacts First-Of-Its-Kind Licensing Law For Earned Wage Access Services

Goodwin on

Nevada has become the first state to enact a law that establishes a financial services licensing regime for earned wage access services (aka on-demand pay services), which allow workers to access earned but unpaid income...more

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