Earned Wage Access Cards: How States are Determining if Earned Wage Access is a Loan

April 9, 2024 4:30pm

Scott Pope
SVP, Payments CRO Risk and Compliance Senior Manager - Consumer and Small Business Payments
U.S. Bank

Priya Sanger
Senior Director & Associate General Counsel
Marqeta

David Durant
General Counsel and Secretary
Earnin

Ryan Naples
Director of Public Policy
DailyPay Inc.

  • Overview of the growth for EWA cards and plans for the future
  • Focus of the Potential Earned Wage Access Consumer Protection Act
  • Need for operational requirements for on-demand pay providers, including “disclosure requirements, dispute resolution policies, and limitations related to fees and other payments
  • Key players in this growing sector
  • What banks should be concerned with when partnering with an EWA provider