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The New York Attorney General has filed a lawsuit against earned wage access providers DailyPay and MoneyLion Technologies, reporting that they made illegal, high-interest loans.
regulation, lending, EWA, financial services
Scotiabank has revealed its partnership with ZayZoon, allowing its business clients to include Earned Wage Access (EWA) in their employee benefits offerings.
banking, fintech, mobile banking, platform, EWA