Tag : EWA

Analytics Markets News

30% YoY Increase in Total Wages Loaded On Cards- EWA

Fintech Staff Writer
Instant Financial, the pioneer of fee-free, responsible earned wage access (EWA) solutions that help employees take control of their financial wellness, announced today that the company reached several growth milestones in 2022, confirming the demand for on-demand pay and electronic tips solutions across industries including hospitality, retail, healthcare and more.Highlighting......
PayActiv Wins CFPB Approval for Earned Wages Access Programme
Fintech News

PayActiv Wins CFPB Approval for Earned Wages Access Programme

Fintech News Desk
The Consumer Financial Protection Bureau today issued a groundbreaking approval order (Approval) confirming that Payactiv is Earned Wage Access (EWA) Program is not credit and therefore is exempt from the federal Truth in Lending Act (TILA) and Regulation Z rules governing creditors. Specifically, the Approval notes that a Payactiv EWA......
1