The debate between regulators and fintech companies over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. Among the key issues is whether the products are to be treated as loans, or whether they don’t fall under the definition of credit extended to employees.
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Earned wage access debate set to heat up between fintech companies and regulators
"75% of millennials say [EWA] would influence their acceptance of a job offer."
