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Compliance with federal and state laws is crucial to protect both employees and employers from potential legal issues. Employers should work closely with legal counsel to review their EWA programs and ensure that they are in compliance with all applicable laws.
Innovations in open banking, such as real-time payments, personalized financial products, and enhanced financialliteracy tools, have the potential to transform the way we interact with our money. However, these innovations can only be successful if compliance is at the forefront of development.
This program provides free wearable tech to local schoolchildren that helps teach them about financialliteracy, monitoring their daily spending and savings habits. Notable projects: Fidelity Charitable is a public charity that accepts non-cash financial assets.
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