Earned wage access is a service that allows employees to receive part of their paycheck before payday. Also called on-demand pay, EWA raises questions about how these services are regulated and whether they end up costing employees more in fees. Join us to explore how EWA transactions work and what consumer protections may be necessary.
February 28, 2025
This webinar is hosted by the NCSL Banking, Financial Services & Insurance Standing Committee and the second in a 4-part series focused on Financial Services issues.
See the first webinar playback here: Cryptocurrency Demystified: What You Need to Know and Why It Matters
Monica Burks | Policy Counsel | Center for Responsible Lending
Monica Burks serves as policy counsel on the Center for Responsible Lending’s state policy team. Based in the Durham, N.C., office, she works with local organizations and lawmakers to end abusive lending practices in their states. She graduated from North Carolina State with a degree in creative writing. Monica attended the University of North Carolina Law School, focusing her legal scholarship on banking law and housing rights. Prior to entering academia, she worked as a credit union loan officer and administrator for four years. After graduating from law school in 2018, she worked as a law clerk for the North Carolina Supreme Court. Prior to joining CRL, she was a commercial real estate attorney.
Phil Goldfeder | Chief Executive Officer | American Fintech Council
With nearly two decades of experience at the intersection of the public and private sectors, Phil Goldfeder serves as CEO of the American Fintech Council, a leading industry association representing responsible financial technology companies creating critical access to safe and affordable financial services. AFC, comprised of the nation’s largest fintech companies, fosters innovative, transparent and responsible products that promote competition, consumer protection and financial health, inclusion, and equity. AFC is committed to robust industry standards, with a focus on consumer protection and regulatory compliance, in addition to advocating for and embracing appropriate government regulation. He previously served as an elected member of the New York State Assembly representing diverse neighborhoods of Queens, N.Y.