wages

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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Disposable Income Rises in Q4, but Will Consumers Keep Spending?
Disposable Income Rises in Q4, but Will Consumers Keep Spending?
January 25, 2024  |  Economy

Headline numbers reveal that the United States economy keeps growing, outpacing expectations. Although the pace of growth has been tempered a bit, there are some...

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Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
Consumers Turn to Social Media Platforms for Secondhand Products as Resale Partnerships Surge
January 19, 2024  |  Retail

As the economy continues to grapple with rising prices and inflationary pressures, consumers are adjusting their purchasing habits to cope with the erosion of their...

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Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
January 19, 2024  |  Earnings

As restaurant delivery services around the world have seen demand impacted for years by ongoing food inflation and other financial challenges, Deliveroo expects that wage...

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DailyPay Raises $175 Million to Expand On-Demand Pay Platform
DailyPay Raises $175 Million to Expand On-Demand Pay Platform
January 18, 2024  |  Investments

On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes...

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Wage Hikes and Regulations May Spur Gig Platform Consolidation
Wage Hikes and Regulations May Spur Gig Platform Consolidation
January 15, 2024  |  Gig Economy

Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In...

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Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
Paycheck-to-Paycheck Consumers May Have Reasons for Optimism, Data Shows
January 05, 2024  |  Consumer Finance

Consumers with difficulties making ends meet may have a reason to be optimistic, recent PYMNTS Intelligence data shows. Looking at the U.S. population according to...

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EU Nixes Provisional Agreement on Reclassification of Gig Workers
EU Nixes Provisional Agreement on Reclassification of Gig Workers
December 22, 2023  |  Gig Economy

European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder...

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Why 2024 Will Be ‘Tipping Point’ for Instant Payments
Why 2024 Will Be ‘Tipping Point’ for Instant Payments
December 21, 2023  |  Real-Time Payments

Consumers want instant payments, and businesses are finally gearing up to deliver them. As Ingo Money CEO Drew Edwards told Karen Webster, 2024 can be...

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