earned wage access

Instant Payroll Could Cut Costly Employee Turnover
Instant Payroll Could Cut Costly Employee Turnover
September 24, 2024  |  Money Mobility

Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live...

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DailyPay to Expand Earned Wage Access Services to UK
DailyPay to Expand Earned Wage Access Services to UK
September 23, 2024  |  Disbursements

DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside...

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DailyPay Unveils Financial Wellness Tool for Credit Monitoring
DailyPay Unveils Financial Wellness Tool for Credit Monitoring
September 16, 2024  |  Personal Finance

DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness. Announced Monday (Sept. 16), the offering is integrated into the earned...

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DailyPay Rebrands Card as Workers Seek On-Demand Pay
DailyPay Rebrands Card as Workers Seek On-Demand Pay
September 09, 2024  |  Payroll

Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known...

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70% of US Consumers Feel Stressed About Personal Finances
70% of US Consumers Feel Stressed About Personal Finances
September 06, 2024  |  Faster Payments

In today’s competitive job market, traditional benefits like retirement plans and paid time off are falling short as workers demand immediate access to their earnings....

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Paychex Offers Earned Wage Access in New Employee Benefits Marketplace 
Paychex Offers Earned Wage Access in New Employee Benefits Marketplace 
August 21, 2024  |  Payroll

Human capital management software company Paychex has debuted an employee benefits marketplace. Paychex Flex Perks, announced Wednesday (Aug. 21), offers products including early access to...

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Will Earned Wage Access Unlock FedNow Sender Adoption?
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024  |  Faster Payments

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock...

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CFPB Says Earned Wage Access Programs Are Consumer Loans
CFPB Says Earned Wage Access Programs Are Consumer Loans
July 18, 2024  |  CFPB

Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Fresh off its rulemaking...

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Chime Acquires Salt Labs, Launches Business Unit Focused on Employers
Chime Acquires Salt Labs, Launches Business Unit Focused on Employers
June 27, 2024  |  Acquisitions

Chime has acquired Salt Labs to accelerate Chime’s growth through the employer channel. The resources of Salt Labs, an enterprise technology company whose flagship product is...

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