Nevada requires licenses for EWA providers
The licensing requirements apply to both “employer-integrated” and “direct-to-consumer” earned wage access products and services.
Connecticut amends requirements for small lenders
Among other things, the changes include new licensing provisions that require more people to obtain small loan licenses.
Illinois amends mortgage licensing provisions
Licensees must register physical offices where they conduct business with the Secretary of Financial and Professional Regulation. However, they are allowed to permit MLOs to work remotely if certain conditions are fulfilled.