PYMNTS-MonitorEdge-May-2024

employees

SoftBank Plans To Lend Staffers $20B To Invest In Tech Fund
SoftBank Plans To Lend Staffers $20B To Invest In Tech Fund
August 18, 2019  |  Investments

SoftBank is ready to lend up to $20 billion to its employees so they can buy stakes in a fund aimed to spark investment in...

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Cap One Employees Warned Of Security Issues Pre-Hack
Cap One Employees Warned Of Security Issues Pre-Hack
August 16, 2019  |  Security & Fraud

Capital One employees raised red flags over security risks before the company suffered a massive data breach. According to a report in The Wall Street...

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Citigroup Fined $1.25M For Background Check Infractions
Citigroup Fined $1.25M For Background Check Infractions
July 29, 2019  |  Regulation

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for...

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Gig Workers And The $178B Pay Advance Potential
Gig Workers And The $178B Pay Advance Potential
July 17, 2019  |  Gig Economy

Unlike the typical worker in the 9 to 5 cycle, gig workers often find themselves living paycheck to paycheck, because they must complete a work...

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Opendoor Trims Employees And Perks
Opendoor Trims Employees And Perks
July 01, 2019  |  eCommerce

Opendoor, the startup that operates an online platform for buying and selling homes, “is reshuffling staff and scaling back on a time-honored startup perk: free...

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UK Contractor Payroll Reforms Reignite Employee Definition Debate
UK Contractor Payroll Reforms Reignite Employee Definition Debate
June 05, 2019  |  B2B Payments

The rise of the gig worker has shaken up the talent pool, with some far-reaching consequences — particularly as it relates to employment regulation. Earlier...

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Wagestream Raises $51M To Help Workers With Payday Gap
Wagestream Raises $51M To Help Workers With Payday Gap
May 20, 2019  |  Investments

Wagestream, a U.K. startup, has raised $51 million (£40 million) to help U.K. workers who only get paid once a month but need to draw...

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Microsoft To Launch $100M Development Center In Africa
Microsoft To Launch $100M Development Center In Africa
May 14, 2019  |  International

Microsoft has announced plans to open its first development center in Africa. Over the next five years, the tech giant will spend more than $100...

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Amazon Offers Employees $10K To Start Delivery Businesses
Amazon Offers Employees $10K To Start Delivery Businesses
May 13, 2019  |  Amazon

Amazon is enticing its own employees to start package delivery businesses, announcing Monday (May 13) a new incentive that will provide them with up to...

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