Join us on PayTalk as we dive into the potential regulatory changes reshaping the Earned Wage Access (EWA) industry with Brian Slowik, SVP of Wage and Corporate Disbursements at Green Dot Corp and co-founder of rapid PayCard. With over two decades of experience in payroll solutions, Brian offers invaluable insights into the proposed rule by the Consumer Financial Protection Bureau (CFPB) that could dramatically alter how EWA products are classified and regulated.
In our discussion, we explore the complexities of these potential changes and their impact on payroll professionals, employers, and employees. We delve into the conflicts between federal and state regulations, examine the importance of employer-driven EWA programs, discuss the critical role of transparency in wage access solutions, and so much more!
Listen to Brian's past episodes of PayTalk: