Over my decade-plus covering fintech, I see parallels between earned wage access (EWA) and equity crowdfunding, P2P lending and BNPL.
Earned Wage Access has specific legislation in Nevada, Missouri and now Wisconsin after the governor signed a new law this week.
This week, Isabelle spoke to Clair's Nico Simko about the earned wage access space and why Clair approaches EWA as a loan.
This week Isabelle sat down with Stacy Greiner from DailyPay to talk about the earned wage access as an alternative to high cost PayDay loans.
Earned Wage Access has, until now escaped the confines of sector-specific regulation. Nevada has stepped up to change that.
A new Financial Health Network study shows a circular relationship between financial health and mental health.
The co-founder of DailyPay shares his views on earned wage access, why it is so important, why it is obviously not a loan, and what is next.
Earned wage access regulation rolls out, and it seems headed for complications. States differ in their definition of the sector.
State regulators are stepping into action to regulate earned wage access. But the process is slow and could create a mismatch for providers.
Earned wage access can provide a solution to an underserved population in need of cash, but fee structures may need clarification.