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Payactiv Wins Company of the Year in Financial Services at the 2021 American Business Awards®

PayActiv Awarded ISO/IEC 27001:2013 Certification

Payactiv Becomes First And Only CFPB-Approved Earned Wage Access Provider

Share this article Share this article SAN JOSE, Calif., Dec. 30, 2020 /PRNewswire/  The Consumer Financial Protection Bureau today issued a groundbreaking approval order (Approval) confirming that Payactiv s 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 user does not create a debt because the accrued cash value of an employee s earned but unpaid wages is the employee s own money. The Approval is specific to Payactiv and is the first of its kind from the Bureau.

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