wages

Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators
Earned Wage Access Debate Set to Heat Up Between FinTechs and Regulators
February 09, 2024  |  Payroll

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....

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Papaya to Showcase Workforce Payments Platform in Super Bowl Commercial
Papaya to Showcase Workforce Payments Platform in Super Bowl Commercial
February 06, 2024  |  Cross-border Payments

Papaya Global will use a Super Bowl commercial to showcase the launch of its artificial intelligence (AI)-powered platform for executing worker payments. The new workforce payments platform provides...

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Lyft Guarantees Rideshare Drivers 70% or More of Fare
Lyft Guarantees Rideshare Drivers 70% or More of Fare
February 06, 2024  |  Ridesharing

Lyft said it has made several improvements for drivers in its latest product update, the Early 2024 Release. The rideshare platform’s latest release addresses key...

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Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
February 06, 2024  |  Consumer Finance

The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...

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70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
70% of Consumers Opt for Instant Merchant Refunds If Given the Choice
February 05, 2024  |  Disbursements

For most American consumers, disbursements — which include earnings and income payments, Social Security payments, tax refunds, insurance claim payouts and loan disbursements — remain...

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Nearly Half of Credit Users Expect Higher Interest Rates in 2024
Nearly Half of Credit Users Expect Higher Interest Rates in 2024
February 03, 2024  |  Consumer Finance

It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better...

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Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
Consumer Sentiment Improves 13% to Reach Highest Level Since July 2021
February 02, 2024  |  Economy

Consumer sentiment has reached its highest level since July 2021, with consumers expecting improvements in both inflation and personal incomes. The index reached this level...

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Private Sector Hiring and Pay Increases Slow in January
Private Sector Hiring and Pay Increases Slow in January
January 31, 2024  |  Economy

Hiring and pay increases in the private sector slowed in January. The private sector added 107,000 jobs during the month, and annual pay increased by...

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Study: Earned Wage Access Overuse Can Hurt Consumers
Study: Earned Wage Access Overuse Can Hurt Consumers
January 28, 2024  |  Payroll

Is earned wage access (EWA) a useful tool for cash-strapped consumers? Or just payday lending going by another name? A report Sunday (Jan. 28) by...

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