PYMNTS-MonitorEdge-May-2024

wages

As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
October 04, 2019  |  Economy

The headline numbers trumpet that the unemployment rate is at a 50-year low. But the latest data points show a more mixed picture — not...

READ MORE >
Rakuten On Growing Demand For Instant Rebates
Rakuten On Growing Demand For Instant Rebates
October 02, 2019  |  Disbursements

Consumers are no longer willing to wait for even the simplest of disbursements. Whether they’re waiting to receive government payments, wages or rebate checks from...

READ MORE >
Mastercard Teams With Retailers To Enable Digital Payments For Factory Workers
Mastercard Teams With Retailers To Enable Digital Payments For Factory Workers
September 26, 2019  |  Digital Payments

Mastercard is aligning with clothing retailers in a global effort to digitally pay factory garment workers to ensure they consistently get paid, the company said...

READ MORE >
Payment Cards Shine A Light On Construction Spend For Solar Firms
Payment Cards Shine A Light On Construction Spend For Solar Firms
September 24, 2019  |  Spend Management

The solar energy market’s rapid growth has many field-based solar technicians finding themselves on shaky financial ground when making expensive out-of-pocket purchases for a job....

READ MORE >
How Spending Cards Lighten Solar Installation’s Financial Burden
How Spending Cards Lighten Solar Installation’s Financial Burden
September 20, 2019  |  Spend Management

  The U.S. construction market is on track to reach $1.8 trillion by 2023. In order for construction firms, contractors and subcontractors to succeed in...

READ MORE >
Amid Trade War, US Job Growth Misses Estimates
Amid Trade War, US Job Growth Misses Estimates
September 06, 2019  |  Economy

The trade war, indirectly, seems to have had an impact on hiring. The latest data from the Labor Department show that in the United States,...

READ MORE >
Gig Workers’ Preferences For Advance Pay Depends Upon Persona
Gig Workers’ Preferences For Advance Pay Depends Upon Persona
August 30, 2019  |  Payment Methods

The gig economy might be transforming many aspects of the traditional employee-employer relationship – there is still not a consensus on whether gig workers are...

READ MORE >
PayActiv Deploys Fiserv Tech To Move Employee Wages
PayActiv Deploys Fiserv Tech To Move Employee Wages
August 30, 2019  |  B2B Payments

PayActiv is collaborating with Fiserv to streamline workers’ access to their wages, the companies said this week. In an announcement this week, Fiserv said its...

READ MORE >
Why Spend Management Tools Matter For Field-Based Workers
Why Spend Management Tools Matter For Field-Based Workers
August 29, 2019  |  Payment Methods

Getting paid and reimbursed for expenses on time is directly related to employee satisfaction and retention. According to a study, 32 percent of SMBs have...

READ MORE >