Pinwheel news and trends

Bankjoy and Pinwheel Partner to Simplify Direct Deposit Setups
Partnerships // April 16, 2024

Bankjoy and Pinwheel have partnered to help financial institutions offer their customers a frictionless way to set up their direct deposit. With this collaboration, Bankjoy will help its bank and credit union clients integrate Pinwheel’s digital deposit switching (DDS) solution, Pinwheel Prime, the companies said in a Tuesday (April...

Plaid Teams With Pinwheel for Direct Deposit Services
Personal Finance // August 17, 2023

Plaid says it has added income and employment data platform Pinwheel to its partner network. The partnership, announced Thursday (Aug. 17), will see Pinwheel provide complementary payroll data services for Plaid’s Income offering, while providing Plaid users with direct deposit switching (DDS) services.  “The most...

Pinwheel Debuts Tool to Increase Direct Deposit Use
Banking // March 20, 2023

Income and employment data platform Pinwheel is upgrading its direct deposit offering. The company announced in a Monday (March 20) press release the launch of Deposit Switch 2.0, which it said will let consumers update their deposit settings to receive direct deposits, whether they’re a...

Bankful Looks to Help Unbanked SMBs After Rebrand
SMBs // November 16, 2022

Payment service provider Pinwheel is rebranding as Bankful as it shifts from serving smaller businesses to financial institutions of all sizes. According to a Wednesday (Nov. 16) news release, banks can now offer their clients integrations into website builders and eCommerce platforms like Wix. “This...

Interviews & Exclusives
Pinwheel CEO: Payroll Connectivity Gives Lenders View Into Consumer’s Total ‘Income Stack’

January 21, 2022
As we earn our daily bread — the money we’re paid at 9-to-5 jobs or via gig work — there are foundational units that translate into paychecks. We get paid by the hour (even salaried workers do) or by the Uber ride, DoorDash delivery or necklace sold on Etsy. Increasingly, a significant percentage of consumers […]

Quick Reads
Bankjoy and Pinwheel Partner to Simplify Direct Deposit Setups

April 16, 2024
Bankjoy and Pinwheel have partnered to help financial institutions offer their customers a frictionless way to set up their direct deposit. With this collaboration, Bankjoy will help its bank and credit union clients integrate Pinwheel’s digital deposit switching (DDS) solution, Pinwheel Prime, the companies said in a Tuesday (April 16) press release. “Removing the friction during the deposit switching setup […]

Plaid Teams With Pinwheel for Direct Deposit Services

August 17, 2023
Plaid says it has added income and employment data platform Pinwheel to its partner network. The partnership, announced Thursday (Aug. 17), will see Pinwheel provide complementary payroll data services for...

Pinwheel Debuts Tool to Increase Direct Deposit Use

March 20, 2023
Income and employment data platform Pinwheel is upgrading its direct deposit offering. The company announced in a Monday (March 20) press release the launch of Deposit Switch 2.0, which it...

Bankful Looks to Help Unbanked SMBs After Rebrand

November 16, 2022
Payment service provider Pinwheel is rebranding as Bankful as it shifts from serving smaller businesses to financial institutions of all sizes. According to a Wednesday (Nov. 16) news release, banks...