Payday

Payday Raises $3 Million for ‘Future of Work’ in Africa
Payday Raises $3 Million for ‘Future of Work’ in Africa
March 29, 2023  |  Investments

African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing...

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Faster Pay, Faster Food, Faster Checkout; A Quick Read on the Week’s Research Trends
Faster Pay, Faster Food, Faster Checkout; A Quick Read on the Week’s Research Trends
November 12, 2022  |  weekend wrap

The need for speed. It’s everywhere these days.    From 5G cell phones to high-speed internet, from nano-second stock trading to instant Venmo payments to friends...

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The Rise Of The Pay-Advance App
The Rise Of The Pay-Advance App
October 05, 2020  |  Gig Economy

For workers living paycheck to paycheck even before COVID-19, having their hours cut back due to the pandemic can stretch already tenuous financial situations to...

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Next-Gen Payroll In Hot Pursuit Of Payday
Next-Gen Payroll In Hot Pursuit Of Payday
June 29, 2020  |  Next-Gen Payments

According to PYMNTS’ pandemic research, over 41 percent of workers in lower-income positions are earning even less since COVID-19 descended. That’s not unexpected, all things...

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On-Demand Payment FinTech Hastee Helps Cos Pay Workers On Demand
On-Demand Payment FinTech Hastee Helps Cos Pay Workers On Demand
December 03, 2019  |  B2B Payments

A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to...

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Regulators Stoke The Flames Of The Early Wage Access Debate
Regulators Stoke The Flames Of The Early Wage Access Debate
September 05, 2019  |  B2B Payments

Regulators recently announced plans to take a closer look at the early wage access industry, but as demand among the workforce for such FinTech solutions...

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Regulators Taking Close Look At Payroll-Advance Apps
Regulators Taking Close Look At Payroll-Advance Apps
September 02, 2019  |  Regulation

Regulators are taking a closer look at financial apps that allow workers to access their pay early. The apps claim they are more affordable —...

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Why On-Demand Wages Could Kill Payday
Why On-Demand Wages Could Kill Payday
April 10, 2019  |  Disbursements

For the two-thirds of the U.S. population living paycheck to paycheck, the two-week wait can feel like an eternity. Yet, according to Mark Wes, head...

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Will Disbursements Put Payday Cycles Out To Pasture?
Will Disbursements Put Payday Cycles Out To Pasture?
April 09, 2019  |  Disbursements

The rise of fast-acting payment solutions is changing the way businesses and governments issue payments to consumers and citizens. Demand for instant payments is also...

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