[…] Earned Wage Access (“EWA”) allows employees to access their earned wages before scheduled paydays. The growing popularity of these services that provide pre-payday payments has sparked debates about consumer protection and appropriate regulation. Wisconsin is the third state to enact legislation overseeing EWA service providers, requiring them to obtain licensing from the Department of Financial Institutions. The new law does not categorize EWA payments as loans in contrast to some other states like California that are considering subjecting EWA to lending laws. […]