Deel has extended its strategic investment in Alviere, aiming to help global companies hire and pay workers in the United States. The Alviere embedded finance and compliance program has already been integrated into Deel’s global human resources (HR) and payroll platform, the companies said in...
Chime will soon add an earned wage access offering called MyPay to its banking app. The FinTech company has opened a waitlist for MyPay and will begin onboarding “soon,” according to a Wednesday (May 15) press release. With MyPay, qualifying Chime members will be able...
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for restaurant workers have risen by 66% since 2017 compared to 40% for retail workers. However, these costs...
Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team collaboration. “We designed our new portal to streamline the often complex back office operations...
February 09, 2024
The debate between regulators and FinTechs over the state of earned wage access (EWA) innovations looks set to heat up through the next several months. In a Feb. 7 letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the American Fintech Council urged that a meeting be set up with “relevant stakeholders” to have […]
July 13, 2023
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental...
June 20, 2023
In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually in unused PTO being rolled...
June 14, 2023
When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized global payment platforms to get...
June 10, 2024
Payroll solutions company CloudPay has introduced in-app digital payslip functionality. “Accessed via the employee experience app CloudPay NOW, the new capability allows employees to seamlessly view, manage, and download their payslips anytime, anywhere,” the company said in a Monday (June 10) news release. The new functionality, the company said, is designed to streamline and simplify […]
May 28, 2024
Deel has extended its strategic investment in Alviere, aiming to help global companies hire and pay workers in the United States. The Alviere embedded finance and compliance program has already...
May 15, 2024
Chime will soon add an earned wage access offering called MyPay to its banking app. The FinTech company has opened a waitlist for MyPay and will begin onboarding “soon,” according...
May 14, 2024
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for...
