Childcare news and trends

Roper Acquires Childcare Software Firm Procare for $1.7 Billion
Acquisitions // January 25, 2024

Roper Technologies has added childcare center software firm Procare Software to its stable of companies. The Sarasota, Florida, company announced the $1.75 billion deal in a Thursday (Jan. 25) news release, saying the purchase was being funded through its revolving credit facility. “Procare is a terrific business with...

Two-Thirds of Households With Children Live Paycheck to Paycheck
Economy // August 25, 2023

Essential expenses for working caregivers can consume more than one-third of young families’ budgets. The cost of raising children heavily impacts families with dependents too young to enter school, threatening financial lifestyles already on shaky ground. According to the July report “New Reality Check: The...

Why Visa Says PayFacs Will Reshape Payments in 2023
Digital Payments // January 23, 2023

Payment facilitation is among the most vital components of monetizing customer relationships — and the role of PayFacs is often misunderstood. In an interview with Karen Webster, Casey Porter, vice president of Merchant Sales and Acquiring at Visa’s Global Acceptance Fast Track, took note of...

How Childcare Centers Adapt To Fluctuating Payroll Needs
B2B Payments // July 17, 2020

The pandemic has had a particularly disruptive effect on the world’s children with tele-education now the norm in the U.S. and across the globe. But it’s not only the rise of online classrooms that is changing the way the youngest generation lives. Although parents are...

Interviews & Exclusives
Two-Thirds of Households With Children Live Paycheck to Paycheck

August 25, 2023
Essential expenses for working caregivers can consume more than one-third of young families’ budgets. The cost of raising children heavily impacts families with dependents too young to enter school, threatening financial lifestyles already on shaky ground. According to the July report “New Reality Check: The Paycheck-to-Paycheck Report,” a PYMNTS and LendingClub collaboration, 66% of consumers with children […]

Quick Reads
Care.com Debuts Employer-Based Spending Accounts

May 22, 2024
Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution to support employees who need to pay for care for children, seniors, pets or themselves. “Conversations about the cost of care have moved from the living room to the conference […]

Roper Acquires Childcare Software Firm Procare for $1.7 Billion

January 25, 2024
Roper Technologies has added childcare center software firm Procare Software to its stable of companies. The Sarasota, Florida, company announced the $1.75 billion deal in a Thursday (Jan. 25) news release, saying the...

Trusted Helps Parents Vet Sitters — On Demand

September 02, 2015
A new startup has designs on helping out parents who need a reliable babysitter in a hurry. The mobile app Trusted, which launched yesterday (Sept. 1) in San Francisco, offers...