On-demand streaming, delivery, and, next up, on-demand compensation. The biweekly paycheck is on the cusp of disruption, although expansion plans have hit a snag among skeptical financial regulators.
Called earned wage access (EWA), these programs allow employees to collect their pay at the end of each workday. Major corporations such as Walmart and Amazon have already started offering in-house EWA programs for their employees, and the Consumer Financial Protection Bureau announced last month that it would be issuing federal guidance on EWA soon.