compliance

Maine State Pay Cards and Compliance

April 6, 2016 by rapid! PayCard

Here at rapid! PayCard® we do more than maintain adherence to state and federal regulations. We keep our clients well-informed of the ever-evolving payroll laws. A consistently updated, interactive map which serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies. Our goal is to provide employers with innovative and responsive payroll card programs. We observe industry-wide best practices for the delivery of high-quality payroll cards that maintain the objectives of choice, safety, affordability, transparency, and convenience. For example, here’s a look at some of the legal requirements in the state of Maine and how we conform: Cash Access Employees must be paid their full wages… Read More

July Updates in PayCard Compliance

July 28, 2015 by rapid! PayCard

July has been a busy month for the PayCard industry, with the Department of Education and the State of New York Department of Labor both addressing rule making proposals! The Department of Education is addressing a rule change regarding the disbursement of Title IV Funds. These funds include all federal grants, loans and financial assistance for college students. Universities and colleges are tasked with the responsibility of applying the funds to tuition and fees for each student as well as disbursing any remaining or additional funds to said student. The debate currently being addressed is determining the most efficient and cost effective way to get the funds to the students…. Read More

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The Savings Account is established by Pathward, N.A., Member FDIC.

The rapid! blog and any information contained within do not reflect the views of Pathward, N.A. or Mastercard or Visa, nor are they endorsed by Pathward, N.A. or Mastercard or Visa.