Payroll infrastructure company Check has teamed with Wave, a money management platform for small businesses. The collaboration, announced Wednesday (April 3), will let the more than 300,000 small businesses using Wave access “full-service payroll functionality” in all 50 U.S. states. “Payroll has long been a growth hurdle...
Gone are the days when financially constrained employees had to wait for the conventional two-week pay cycle to receive their wages. Nowadays, earned wage access (EWA), also referred to as early, instant, or on-demand pay, is rapidly gaining popularity, granting employees access to their earned wages before their...
ZayZoon has raised $15 million in an extension of its Series B financing, bringing its total Series B funding round to $49.5 million. The company will use the new financing to continue to grow, innovate and expand its earned wage access (EWA) platform for small and...
Gone are the days when employees were content with waiting for the standard pay cycle to receive their hard-earned wages. Today’s workforce, whether grappling with the uncertainties of living paycheck to paycheck or navigating the gig economy, craves more flexibility and immediate access to their earnings, especially in...
For some workers, working from home no longer seems like an attractive option. As Bloomberg News noted in a recent report, the white-collar labor market has cooled, leading companies to scale back their work-from-home offering. The report, citing information from employment firm Live Data Technologies, says that fully...
Payroll management involves more than just disbursing employee wages. The complexity significantly intensifies when faced with a flood of payroll-related inquiries, a challenge that traditional methods such as conventional contact centers, language lines and employee information portals have struggled to adequately tackle. Moreover, the time-consuming...
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the American Fintech Council urged that...
Payroll is a big deal and you want it done right. PYMNTS is here with Provider Ranking of Payroll Apps to help guide you to choosing the one that fits your company, helping you help others get things done. Take a look below at how things...
Is earned wage access (EWA) a useful tool for cash-strapped consumers? Or just payday lending going by another name? A report Sunday (Jan. 28) by CNBC examines the rising popularity of these programs, which let consumers access part of their ages in advance of payday, in some...
