TLDR:
Wagestream joins the American Fintech Council (AFC), a premier industry association representing responsible fintech companies. Wagestream offers financial benefits like interactive paychecks and savings tools, and has paved the way for an Earned Wage Access code of conduct in the UK market.
Financial Wellbeing and Earned Wage Access Provider, Wagestream, has joined the American Fintech Council (AFC), an industry association representing responsible fintech companies and innovative banks. Wagestream offers a range of financial benefits, including interactive paychecks and savings tools, to improve workers’ financial wellbeing. The company has also set standards by creating an Earned Wage Access code of conduct in the UK market. Wagestream’s Chief Impact Officer, Emily Trant, highlights the positive impact of Earned Wage Access on workers’ financial stability. The company’s research shows that 74% of workers using its platform feel more in control of their money. Wagestream and AFC are advocating for responsible, affordable, and transparent Earned Wage Access providers to ensure consumer protection and industry standards are maintained.