{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Earned Wage Access: Innovation or Payday 2.0?","description":"Yasmin Farahi and Lucia Constantine from the Center for Responsible Lending discuss the promises and perils of Earned Wage Access programs. Discover how these fintech products operate, the financial traps they can create, and the regulatory debates shaping their future. Related Links:  A Loan Shark in Your Pocket: The Perils of Earned Wage Advance  Paying to be Paid: Consumer Protections Needed for Earned Wage Advances and Other Fintech Cash Advances  Not Free: The Large Hidden Costs of Small-Dollar Loans Made Through Cash Advance Apps  CFPB Proposes Interpretive Rule to Ensure Workers Know the Costs and Fees of Paycheck Advance Products  House of Representatives Digital Assets, Financial Technology, and Inclusion Subcommittee Hearing \u201cModernizing Financial Services through Innovation and Competition.\u201d Statement for the Record Ram Palaniappan, CEO, EarnIn October 25, 2023 ","author_name":"The FinReg Pod","author_url":"http:\/\/thefinregpod.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/34137876\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/34137876"}