Earned Wage Access News Today

In Vietnam, many middle- and low-income employees face exclusion from conventional banking facilities, rendering them susceptible to predatory lending practices

NEW YORK -- When Anna Branch, 37, had her hours at work reduced in 2019, she suddenly noticed ads for an app called EarnIn.

Margaret Weichert of The Clearing House and Irfan Ahmad of Bank of America say B2B and consumer payments are ripe for a transformation.

Innovative offering provides employees control over their pay schedule, supporting K-12 talent recruitment and retention efforts...

After the Connecticut Banking Commission shut down Earned Wage Access in the state, arguing that the product is a loan

XTM Inc. announced today that further to its application to the Ontario Securities Commission for a management cease trade order to be imposed in respect of its delay in filing its audited annual...

XTM Inc. ("XTM" or the "Corporation") (QB: XTMIF / CSE: PAID / FSE: 7XT) announced today that further to its application to the Ontario Securities Commission (the "OSC") for a management cease trade order ("MCTO") to be imposed in respect of its...

Experts say there are steep costs

While Earned Wage Access apps have been around for over a decade, the pandemic and its aftermath boosted their popularity.

NEW YORK — When Anna Branch, 37, had her hours at work reduced in 2019, she suddenly noticed ads for an app called EarnIn. “You know how they get you — the algorithms — like they’re reading your mind,” Branch said. “The ad said I could get up to $100