Briefing
In the Nick of Time: The Rise of Earned Wage Access
Bradford, Terri; Alcazar, Julian (2020-09-23)
Fintech programs that provide employees access to earned wages ahead of payday have gained popularity during the COVID-19 pandemic. Although consumers benefit from greater financial flexibility, such programs may involve risks.
Payments System Research Briefing

Briefing
As Earned Wage Access Grows, Oversight Tries to Catch Up
Bradford, Terri (2024-05-15)
Earned wage access (EWA) services have grown in popularity as more providers offer them and more businesses and consumers use them. However, the complex fee structures and high costs of EWA, as well as some users’ heavy reliance on these services, have raised concerns. Regulatory and legislative bodies have begun to respond to these concerns, with states taking the lead in proposing or passing EWA legislation.
Payments System Research Briefing