PYMNTS-MonitorEdge-May-2024

paycheck

Visa, PayActiv Launch Real Time Payroll
Visa, PayActiv Launch Real Time Payroll
March 07, 2019  |  VISA

If rules were made to be broken, what better rule to break than the rigid two-week payday cycle? Visa and PayActiv have teamed up to offer...

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Lawmakers Mull Overhaul Of Student Debt System
Lawmakers Mull Overhaul Of Student Debt System
February 14, 2019  |  Regulation

A proposed law aims to completely overhaul the student loan system by having monthly bills automatically deducted from borrowers’ paychecks. According to CNBC, Senator Lamar...

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Credit Unions Step Up During Government Shutdown
Credit Unions Step Up During Government Shutdown
January 18, 2019  |  Credit Unions

There is no shortage of headlines about the partial government shutdown that is now on its 27th day, and no shortage of articles speculating how long...

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Real-Time Payments Gathering Steam For Workers
Real-Time Payments Gathering Steam For Workers
December 20, 2018  |  Investments

In perhaps the latest vote of confidence in the movement toward speedier employee compensation, Earnin – which facilitates real-time payroll payments – announced Thursday (Dec....

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On-Demand Payroll Without The Cash Flow Disruption
On-Demand Payroll Without The Cash Flow Disruption
November 14, 2018  |  B2B Payments

The payroll industry — and its biweekly or monthly pay schedule — hasn’t changed in decades. However, as awareness grows about the dangers of predatory...

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Will Waiting For Pay Day Soon Be A Thing Of The Past?
Will Waiting For Pay Day Soon Be A Thing Of The Past?
November 09, 2018  |  Faster Payments

While living paycheck to paycheck is often associated with low-salary or part-time workers, the data tells a different story. As it turns out, the white-knuckled...

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Walmart Redefines The Paycheck
Walmart Redefines The Paycheck
July 20, 2018  |  Alternative Finances

When people talk about the plight of living paycheck to paycheck, Even Responsible Finance CEO Jon Schlossberg told Karen Webster in a recent conversation, they...

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Millennial Hourly Wages Higher Than Those Of Baby Boomers
Millennial Hourly Wages Higher Than Those Of Baby Boomers
October 16, 2017  |  B2B Payments

Millennial hourly wages are higher than those of any other generation, according to the latest data from Paychex. In its latest report, “The Rise of...

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Wells Fargo Claws Back Another $75M
Wells Fargo Claws Back Another $75M
April 11, 2017  |  Legal

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing...

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