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Earned‑wage access proponents urge regulatory framework as product grows in Massachusetts
5570862 · April 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
An earned‑wage access company executive told the committee the service helps workers access wages they have already earned and urged policymakers to craft rules that protect consumers while allowing innovation.
Ben Loracco, senior director of government relations for an earned‑wage access (EWA) company, told the committee EWA services let workers access pay they have already earned on demand and urged lawmakers to adopt a regulatory framework that protects consumers while allowing the…
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