“The American Fintech Council applauds Governor Cox and his steadfast commitment to consumer financial choice by signing HB 279, a law that creates a clear, balanced framework for Earned Wage Access (EWA) services that protects consumers while preserving access to critical tools that empower Utah workers to take greater control of their finances.

“AFC was proud to support this legislation and lead a coalition of responsible EWA providers in urging Governor Cox to sign the bill. Our coalition letter, submitted earlier this month, reflected a strong industry commitment to standards such as transparent fee disclosures, non-recourse, voluntary no-cost options, and protections that ensure consumers remain in control of their finances.

“With the enactment of HB 279, Utah has reaffirmed its role as a leader in pragmatic fintech regulation and responsible innovation. We thank Governor Cox and the bill sponsors for their leadership and look forward to continued engagement on policies that expand access to safe, transparent, and consumer-focused financial services.”

‍