wages

More Spending, Bigger Paychecks Shine Hope on Economic Recovery
More Spending, Bigger Paychecks Shine Hope on Economic Recovery
September 30, 2022  |  Economy

Consumer spending in August rose 0.4%, aligning with bigger paychecks and rebounding from a decline last month even as inflation stays high. Excluding food and...

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Amazon Raising Front-Line Worker Wages
Amazon Raising Front-Line Worker Wages
September 29, 2022  |  Amazon

Amazon is raising wages for its front-line workers, and introducing a benefit that lets them collect their pay at any time during the month. As...

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Dick’s, Macy’s Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom
Dick’s, Macy’s Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom
September 26, 2022  |  Retail

Fast access to pay is one of the benefits retail chains are offering as they compete for employees to fill seasonal positions for the upcoming...

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UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
September 23, 2022  |  Retail

Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday...

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UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
September 21, 2022  |  Buy Now Pay Later

With struggling with soaring inflation and a cost-of-living crisis that is gripping the nation, public sector workers in the U.K. are feeling the pinch. Latest...

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DailyPay Launches Prepaid Card, App for Employees Getting On-Demand Pay
DailyPay Launches Prepaid Card, App for Employees Getting On-Demand Pay
September 07, 2022  |  Payment Methods

FinTech company DailyPay launched a general purpose reloadable (GPR) prepaid card and app called Friday that enables employees to receive instant, no-fee, on-demand pay transfers...

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CFPB Ends Special Regulatory Treatment for Payactiv
CFPB Ends Special Regulatory Treatment for Payactiv
June 30, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ended financial services provider Payactiv’s Sandbox Approval Order for its earned wage access products. The bureau said Thursday...

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Tapcheck Raises $20M to Expand Earned Wage Access
Tapcheck Raises $20M to Expand Earned Wage Access
June 24, 2022  |  Investments

Employee financial wellness and earned wage access platform Tapcheck has announced a $20 million Series A funding round to expand its offering. PeakSpan Capital led...

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Real-Time Payouts Help Gig Platforms Sidestep The Great Resignation
Real-Time Payouts Help Gig Platforms Sidestep The Great Resignation
June 22, 2022  |  Disbursements

The gig economy is a changeable landscape where worker retention is becoming an issue. It’s also an ideal use case for instant and real-time payouts....

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